Azerbaijani oil price exceeds $88

Tural Ibadli
Author

6 April 2023 / 05:22

The price of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.36, or 0.41%, to $88.06 per barrel, Report informs.

Yesterday, Brent crude futures traded at $84.99 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.

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