Baku 28° C
Azerbaijani oil price nears $80
Energy
- 24 May, 2023
- 05:31
The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $1.06, or 1.35%, to $79.76 per barrel, Report informs.
The Brent crude price traded at $77.65 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
17:21
Photo
SOCAR, PETROCI review progress on Baleine oil and gas project
Energy17:14
Deputy minister: Value of existing projects between Uzbekistan and Azerbaijan reaches $6B
Business17:09
Le Pen retains right to run for French president after Court of Appeal ruling
Other countries17:07
Trump: Toyota's moving from Mexico to US - consequence of import tariffs
Other countries17:02
Media: Khamenei funeral ceremonies cost around $800 million
Region16:44
France, Syria begin process to return seized Assad funds to Damascus
Other countries16:41
IMF: Gulf, Caucasus, and Central Asian countries have great potential for expanding trade
Foreign policy16:33
Azerbaijan to hold nationwide population census in October 2029
Domestic policy16:29