Azerbaijani oil keeps falling in price

Agshin Rafigoglu
Author

6 March 2024 / 05:15

The price of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.82, or 0.93%, to $87.57 per barrel, Report informs.

April futures for Brent crude were traded at $82.20 per barrel.

The average oil price in Azerbaijan's state budget for 2023 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

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