Baku 32° C
Azerbaijani oil price falls 1%
Energy
- 17 January, 2023
- 05:24
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.91, or 1%, to $90.35 per barrel, Report informs.
Yesterday, Brent crude futures traded at $84.46 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
18:16
Video
President Ilham Aliyev's social media accounts shared video from Kichik Galaderesi village in Shusha
Domestic policy18:13
Photo
President Ilham Aliyev attends opening of Khankendi Hotel
Domestic policy18:02
South Africa World Cup midfielder Adams dies aged 25
Football17:48
Photo
Cyber Summer School 2026 Camp concludes in Azerbaijan
Education and science17:46
Azerbaijan raises chemical imports from Türkiye by 3.3%
Business17:41
Photo
President Ilham Aliyev visits Guzeykhirman village in Khojavend district
Domestic policy17:28
Russian airstrike on Sumy kills at least four, injures seven
Other countries17:23
China allocates nearly $6 million for disaster relief and recovery after typhoon
Other countries16:55