Baku 6° C
Azerbaijani oil drops by over $2
Energy
- 07 September, 2022
- 06:14
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.2, or 2.18%, to $96.88 per barrel, Report informs.
On the stock exchanges, October futures for Brent crude are traded at $92.83.
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.
Author
Latest News
17:59
Azerbaijan imports 13,457 tons of peat worth $2.26M
Business17:47
'There are no pressing security threats to Greenland': US Democratic senator
Other countries17:41
Bitcoin price falls below $95,300
ICT17:21
Zelenskyy: Ukraine needs to boost electricity imports amid Russian strikes
Other countries17:09
Trump invites Erdogan to join Gaza peace board as founding member
Region16:54
Seven detained at unauthorized protest near Iranian embassy in Yerevan
Region16:41
More than 100 dead in torrential rains and floods across southern Africa
Other countries16:23
Azerbaijan imports 84 tons of cloves worth $667,000
Business16:06