The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.68, or 0.88%, to $77.48 per barrel, Report informs.
April futures for Brent crude were traded at $75.71 per barrel.
The price of one barrel of Azeri Light crude oil on FOB basis at Türkiye's Ceyhan port increased by $0.70 or 0.93% to $76.08.
The average oil price in Azerbaijan's state budget for 2025 was set at $70 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.