Baku 23° C
Azerbaijani oil price drops
Energy
- 05 April, 2023
- 06:10
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.11, or 0.12%, to $87.7 per barrel, Report informs.
Yesterday, Brent crude futures traded at $84.94 per barrel.
The average oil price in Azerbaijan's state budget for 2022 was set at $50 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
01:25
Azerbaijan finish U-20 European wrestling event with five medals
Individual sports01:21
US Central Command says new strikes launched against Iran
Other countries23:51
Erdoğan says Türkiye ready to mediate between US, Iran over Hormuz tensions
Region23:39
Trump says he may be Iran's top assassination target
Other countries23:27
Erdoğan says he can discuss South Caucasus with Trump by phone anytime
Region23:14
Erdoğan says Türkiye among NATO's leading countries in defense industry
Region23:03
Video
Trump says US has very good relations with Türkiye
Other countries22:56
Trump says he is not sure he wants deal with Iran
Other countries22:45