Azeri Light Crude Oil Price Falls to $68.51 per Barrel

The price of one barrel of Azeri Light crude oil dropped by $1.10, or 1.58%, ending at $68.51 on the global market.

Brent crude's December futures closed at $66.01 per barrel following trading sessions, The Caspian Post reports citing local media.

At Türkiyey's Ceyhan port, the FOB price of Azeri Light also dropped-falling by $1.12 or 1.65% to $66.95 per barrel.

For reference, Azerbaijan's 2025 state budget is based on an average oil price of $70 per barrel.