Baku 12° C
Azerbaijani oil price falls to $110
Energy
- 04 May, 2022
- 06:18
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.92 or 1.70% to $110.70 per barrel, Report informs.
Yesterday, the Brent crude price was $107.34 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.
Author
Baku 11° C
Latest News
11:41
Azerbaijan, Estonia mull cross-border data exchange
Business11:28
Dunay Badirkhanov: Azerbaijan's school satellite set for one-year orbital mission
Energy11:11
Russian strikes in Ukraine's Dnipropetrovsk region kill 2
Other countries11:03
Photo
Int'l conference of heads of fire, rescue services taking place in Baku
Foreign policy10:58
Kazakhstan begins construction of $70 million chemical plant
Energy10:33
Photo
Azerbaijan launches school satellite - UPDATED
ICT10:33
Azercosmos: Azersky-2 satellite program implementation continues on schedule
ICT10:05
Azeri Light crude remains at $66.22 per barrel
Energy09:53