Azerbaijani oil price down by $1

Agshin Rafigoglu
Post's author

The price of Azerbaijan's Azeri LT CIF oil in the world market fell by $0.98, or 1.09%, to $88.68 per barrel, Report informs.

Brent crude was traded at $84.36 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.

Latest news

One year passes since Azerbaijan's successful anti-terrorist operation in Karabakh 19 September, 2024 / 00:00
Azerbaijan and Uzbekistan hold consular consultations in Tashkent 18 September, 2024 / 21:02
UN General Assembly widely supports Palestinian resolution against Israel 18 September, 2024 / 20:56
More wireless devices explode in Lebanon killing 9 18 September, 2024 / 20:48
Albayrak eagers to increase capacity of Middle Corridor 18 September, 2024 / 20:39
Population's revenues in Azerbaijan may reach $53B in 2025 18 September, 2024 / 20:26
Diplomats conclude visit to Azerbaijan's Kalbajar 18 September, 2024 / 20:14
Alessandra Roccasalvo: UNDP will expand its activities in Karabakh 18 September, 2024 / 19:52
Two dead after shooting at Moscow office of Russia's Wildberries 18 September, 2024 / 19:35
Population's expenses in Azerbaijan may reach nearly $51B in 2025 18 September, 2024 / 19:12
SOCAR-Uniper set to launch turbo generator at Ethylene-Polyethylene plant 18 September, 2024 / 18:56
Erdogan: Türkiye determined to change its constitution 18 September, 2024 / 18:50
Azerbaijan's declared gas imports exceed 454 mcm in January-July 18 September, 2024 / 18:49
DB Cargo Eurasia to support development of Middle Corridor 18 September, 2024 / 18:46
Russian envoy visits Armenia-Iran border 18 September, 2024 / 18:31