oil prices
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The average price for Azeri Light oil under CIF contracts (including transportation and insurance costs) rose by $2.25 (2.87%) last week, reaching $80.5 per barrel. The maximum price reached $82.91 pe...
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Oil prices have sharply risen on news of heightened geopolitical tensions in the Middle East. Brent crude futures for December delivery on the London ICE exchange increased by 5.01%, reaching $75.29 p...
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Oil prices accelerated their rise at the beginning of this week following news of escalating tensions in the Middle East. On Monday, November futures for Brent crude increased on the London ICE Future...
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Azerbaijani authorities have set the base oil price at $70 per barrel for the 2025 budget, while a preliminary price of $65 is projected for the following years (2026-2028), forecasts by the Ministry...
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The National Bank of Azerbaijan has announced a threshold for the price of Azeri Light crude oil needed to maintain a surplus in the country's balance of payments. “To maintain Azerbaijan's balance of...
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The average price of Azeri Light crude oil based on CIF contracts decreased by $3.45 (4.39%) compared to the previous week, settling at $75.23 per barrel. The highest price during this period was $76....
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Last week, the average price of Azeri Light crude oil based on CIF (Cost, Insurance, and Freight) contracts increased by $2.78 (3.4%) compared to the previous week, reaching $84.5 per barrel. The maxi...
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Last week, the average price of Azeri Light crude oil based on CIF contracts increased by $1.84 (2.08 percent) compared to the previous week and amounted to $ 90.17 per barrel. The maximum price for t...