Azerbaijani oil price falls slightly

Agshin Rafigoglu
Post's author

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.06 or 0.05% to $111.95 per barrel, Report informs.

Yesterday, the Brent crude price was $107.93 a barrel.

The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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

Azerbaijan to apply new guidelines and tightening of rules regarding temporary stay period for Russian citizens 28 December, 2024 / 15:09
Spox: Plane ready to bring home the Kyrgyz citizen injured in AZAL plane crash 28 December, 2024 / 15:06
Putin holds Security Council meeting 28 December, 2024 / 14:57
President makes post on declaring 2025 as Year of Constitution and Sovereignty 28 December, 2024 / 14:56
Regular flights en route Ashgabat-Moscow-Ashgabat cancelled for one month 28 December, 2024 / 14:41
Kazakhstan's Ministry of Health: Over 1,500 people donated blood for plane crash injured 28 December, 2024 / 14:41
Russian Ministry of Health: Two wounded in AZAL plane crash remain in serious condition 28 December, 2024 / 14:19
Documentary on historical figures of Western Azerbaijan released 28 December, 2024 / 14:05
CENIPA reps arrive in Kazakhstan's Aktau 28 December, 2024 / 14:01
Austria to purchase 12 Italian fighter jets, newspaper says 28 December, 2024 / 13:54
Kazakh soldier recounts heroic rescue efforts in AZAL plane crash 28 December, 2024 / 13:53
Russia's Azimut cancels flights to Azerbaijan 28 December, 2024 / 13:41
19 Pakistani soldiers, 3 Afghan civilians killed in clashes between Afghan, Pakistani border forces 28 December, 2024 / 13:30
NDC chair: Investors in Azerbaijan can easily place orders via mobile phone 28 December, 2024 / 13:12
German FM calls for new sanctions against Russia 28 December, 2024 / 13:02