Azerbaijani oil price falls to $84

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.59, or 1.86%, to $84.07 per barrel, Report informs.

Brent crude was traded at $80.19 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.

Other News

Gas prices in Europe fall 2.8% 17 February, 2026 / 13:15
Oil prices fall amid US-Iran talks 17 February, 2026 / 09:44