Azeri Light crude falls below $68 a barrel

The price of Azeri Light crude declined by $0,33, or 0.48%, to $67.67 a barrel on global markets. January Brent futures traded at $63.35.

Azeri Light sold on an FOB basis at Turkey’s Ceyhan port fell by $0.27, or 0.41%, to $65.55 a barrel.

Azerbaijan’s 2025 state budget is based on an average oil price of $70 per barrel.
Azeri Light hit a record low of $15.81 on April 21, 2020, and a record high of $149.66 in July 2008.