Azerbaijani oil price drops again
Energy
- 06 April, 2022
- 06:22
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.82 or 0.73% to $111.62 per barrel, Report informs.
Yesterday, the Brent crude price was $107.53 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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.
Latest News
14:36
Official welcome ceremony held for President Ilham Aliyev in Berlin
Foreign policy14:28
Five dead in factory fire in Sri Lanka
Other countries14:21
Steinmeier highlights talks with Ilham Aliyev in Berlin
Foreign policy14:12
Russia strikes Naftogaz facilities in Kharkiv Oblast
Other countries13:56
Ukraine envoy, UN coordinator discuss cooperation in Azerbaijan
Foreign policy13:42
Goldman Sachs expects Brent prices at $120 in 4Q26
Energy13:31
Azerbaijan reduces car imports from Georgia by 45%
Business13:20
Over 11,000 vehicles produced at Azerbaijan's Hajigabul Industrial Park
Industry13:05