Azerbaijani oil price sees modest growth
Photo: Azerbaijan's Ministry of Energy
The price of Azerbaijan's Azeri LT CIF oil on the global market increased by $1.06, or 1.41%, reaching $76.24 per barrel.
Meanwhile, April futures for Brent crude were trading at $74 per barrel, News.Az reports.
For Azerbaijan's 2025 state budget, the average oil price has been set at $70 per barrel.
The lowest recorded price for Azeri Light was on April 21, 2020, at $15.81, while its all-time high reached $149.66 in July 2008.
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