Azerbaijani oil price falls by over $1

Agshin Rafigoglu
Post's author

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.17 or 1.36% to $84.77 per barrel, Report informs.

Yesterday, the Brent crude futures traded at $81.03 per barrel.

The average oil price in Azerbaijan''s state budget for 2022 was set at $85 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

Bodies of 10 victims in Aktau plane crash identified 26 December, 2024 / 17:08
Crashed AZAL plane was shot down by Russian air defense, media reports say 26 December, 2024 / 17:01
Azerbaijan takes over Presidency of Union of Turkic Chamber of Commerce and Industry 26 December, 2024 / 17:01
Azerbaijani envoy to Russia evaluates prospects for freight flow via North-South ITC 26 December, 2024 / 16:48
Aviation expert: AZAL crew's role in saving passengers' lives is undeniable 26 December, 2024 / 16:47
Members of Nizami Ganjavi International Center offer condolences to Ilham Aliyev 26 December, 2024 / 16:47
Maldives president expresses condolences to Azerbaijani leader 26 December, 2024 / 16:34
Saudi Arabia's King, Crown Prince express condolences over plane crash near Aktau 26 December, 2024 / 16:19
UAE president expresses condolences to Ilham Aliyev 26 December, 2024 / 16:18
Turkish army neutralized over 3,000 terrorists since early 2024 26 December, 2024 / 16:04
Book of condolences opened at Azerbaijan's NATO mission 26 December, 2024 / 16:01
Aktau residents again donate blood for those injured in AZAL aircraft crash 26 December, 2024 / 15:55
Azerbaijan's flag lowered at Council of Europe headquarters in Strasbourg 26 December, 2024 / 15:52
18 passengers of crashed AZAL plane remain in hospital in Kazakhstan 26 December, 2024 / 15:51
Volume of international postal shipments to Azerbaijan down by over 10% 26 December, 2024 / 15:46