Azerbaijani oil price declines in global markets

  31 October 2025    Read: 977
Azerbaijani oil price declines in global markets

The price of one barrel of Azerbaijan's Azeri Light crude oil has fallen by $0.29, or 0.43%, settling at $65.95 on the world market, AzVision.az reports.

According to trading results, the December futures price for Brent crude stood at $65.25 per barrel.

At Türkiye's Ceyhan port, the FOB price of Azeri Light decreased by $0.33, or 0.5%, to $63.87 per barrel.

For comparison, Azerbaijan's state budget for this year is based on an average oil price of $70 per barrel.

 

AzVision.az


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