Azerbaijani oil price declines in global markets

Region 11:57 16.05.2025

The price of Azeri Light crude oil dropped by $1.70, or 2.49%, settling at $66.65 per barrel.Oil prices declined in global markets.

According to EDnews on the London Intercontinental Exchange Futures, the price of Brent crude fell by $0.08, settling at $64.45 per barrel. Meanwhile, on the New York Mercantile Exchange, Light crude dropped by $0.07 to trade at $61.55 per barrel.Azeri Light recorded its lowest price at $15.81 per barrel on April 21, 2020, and its highest at $149.66 in July 2008.

Madina Mammadova\\EDnews

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