Azerbaijani oil price falls to $80

Agshin Rafigoglu
Author

09, January 2024 / 05:19

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $3.12, or 3.74%, to $80.33 per barrel, Report informs.

Brent crude was traded at $76.30 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.

Italy buys 70% of Azerbaijan's oil exports 17 February, 2026 / 19:32

Turkish power plant in Türkiye begins operating under SOCAR subsidiary 17 February, 2026 / 16:06

Azerbaijan, Israel mull prospects for co-op in clean energy 17 February, 2026 / 14:36

Gas prices in Europe fall 2.8% 17 February, 2026 / 13:15

TBSC managing partner: Education should meet needs of Azerbaijani energy market 17 February, 2026 / 12:00

EBRD intends to develop new cooperation formats in Azerbaijan 17 February, 2026 / 11:48

Türkiye's crude oil imports from Azerbaijan grow almost 5 times 17 February, 2026 / 11:15

Kazakhstan to build first environmentally friendly fuel production plant in CIS 17 February, 2026 / 11:11

Price of Azerbaijani oil in global market exceeds $70 17 February, 2026 / 09:55

Oil prices fall amid US-Iran talks 17 February, 2026 / 09:44

Countries importing oil from Azerbaijan in Jan. 2026 – LIST 16 February, 2026 / 18:23

Azerbaijan boosts petroleum coke exports in January 16 February, 2026 / 17:04

Azerbaijan expects Italy and Slovenia to join Black Sea energy project 16 February, 2026 / 16:24

Azerbaijan's natural gas exports exceeded 2 bcm in Jan. 2026 16 February, 2026 / 15:51

Azerbaijan exports 44,700 tons of petroleum products in January 16 February, 2026 / 15:42

Azerbaijan exports 2.64M tons of crude oil in January 16 February, 2026 / 15:07

Gas prices in Europe fall 4% 16 February, 2026 / 11:49