Azerbaijani oil price drops in global market

  29 January 2025    Read: 539
Azerbaijani oil price drops in global market

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.34, or 0.43%, to $79.14 per barrel, AzVision.az reports. 

March futures for Brent crude were traded at $77.33 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.

 

AzVision.az


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