Price of Azerbaijani oil continues to drop
![Price of Azerbaijani oil continues to drop Price of Azerbaijani oil continues to drop](https://anews.az/photo/850x500/2025-01/1738045430_05b86bd6-4787-3ef9-ba02-2f5e92164928_850-4.jpg)
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.02, or 1.27%, to $79.48 per barrel.
March futures for Brent crude were traded at $77.30 per barrel.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
www.anews.az
March futures for Brent crude were traded at $77.30 per barrel.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
www.anews.az
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