Azeri Light crude rises to $66.43 a barre

lThe price of Azerbaijan’s Azeri Light crude rose by $0.56, or 0.85%, to $66.43 a barrel on global markets, Report news agency said, citing market sources.

At Turkey’s Ceyhan port, Azeri Light traded at $64.4 per barrel on an FOB basis, up $0.58. Brent January futures stood at $66.02.

Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.