Baku 29° C
Azerbaijani oil drops 1% in price
Energy
- 22 September, 2022
- 06:17
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.13, or 1.2%, to $92.6 per barrel, Report informs.
On the stock exchanges, Brent is traded at $90.16.
The average oil price in Azerbaijan's state budget for 2022 was set at $85 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.
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