Azerbaijani oil sharply decreased in price

16
May
2025
10:29
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market decreased by $1.7, or 2.49%, to $66.65.
A source in the oil market told Report about this.
The price of Azerbaijani oil at Turkey's Ceyhan under FOB terms decreased by $1.65, or 2.46%, to $65.4 per barrel.
Recall that in Azerbaijan's state budget for this year, the oil price is set at $70.
This news edited with AI
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