Azerbaijan’s Oil prices decline amid global market slump

Azernews.Az

28 May 2025 10:00 (UTC+04:00)

Qabil Ashirov

The price of Azerbaijan’s “Azeri Light” crude oil at the Italian port of Augusta, based on the CIF (Cost, Insurance, and Freight) pricing basis, has fallen by $1.29, or 1.9%, compared to the previous figure, settling at $66.43 per barrel.

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