Baku 28° C
Azerbaijani oil price drops below $83
Energy
- 01 June, 2024
- 07:28
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.03, or 1.23%, to $82.75 per barrel, Report informs.
May futures for Brent crude were traded at $81.62 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $60 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
19:32
Photo
Pakistani defense university delegation visits Azerbaijan Navy
Military19:08
Photo
President Ilham Aliyev received delegation led by Speaker of Iran's Islamic Consultative Assembly
Foreign policy19:06
Türkiye, Azerbaijan to sign action plans to strengthen family institution
Foreign policy18:54
AzRe chief: Azerbaijan needs greater insurance awareness
Finance18:37
Azerbaijan's agriculture minister outlines priorities of new State Program - INTERVIEW
AIC18:23
Photo
ADY showcases Azerbaijan's transit and logistics potential in China
Infrastructure18:09
ADY continues reconstruction on Yevlakh-Barda railway line
Infrastructure18:04
Gamankov: Insurance key to success of green energy corridors
Energy18:01