Baku 25° C
Azerbaijani oil price up
Energy
- 01 June, 2022
- 05:33
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.68 or 0.5% to $127.48 per barrel, Report informs.
Yesterday, the Brent crude price traded at $122.84 per barrel.
The average oil price in Azerbaijan''s state budget for 2022 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
23:56
Heatwave causes over 5,700 excess deaths in France in June
Other countries23:47
Ukraine requests urgent UN Security Council meeting over Black Sea attacks
Other countries23:24
Photo
CICA senior officials meet in Astana under Azerbaijan's chairmanship
Foreign policy22:57
Photo
Video
Neftchi lose to Dinamo Minsk in Conference League qualifier
Football22:50
Iran says no one in region will export oil if Tehran cannot
Region22:28
Maduro trial in New York set for June 2027
Other countries22:13
Zelenskyy discusses Ukraine air defense with US ambassador to NATO
Other countries21:36
Ebola deaths in DR Congo, Uganda exceed 1,000
Other countries21:14