Azerbaijani oil price rises slightly

Kanan Sadigov
Post's author

The price of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.27, or 0.3%, to $86.60 per barrel, Report informs.

Brent crude was traded at $83.55 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.

Latest news

European culinary festival 'Taste of Europe' opens in Baku 6 October, 2024 / 17:55
Anxious Europeans hoard savings as US consumers boost global economy 6 October, 2024 / 17:49
China ready to strengthen strategic coordination with North Korea — Xi Jinping 6 October, 2024 / 17:37
UN Sec.-Gen. calls for end to suffering in Middle East on October 7 attack anniversary 6 October, 2024 / 17:30
Iran has prepared response to any Israeli attack: media 6 October, 2024 / 17:10
Tropical storm Milton forms in Gulf of Mexico, may intensify to hurricane threatening Florida 6 October, 2024 / 16:55
Baku urges Yerevan to choose between normalization and ‘confrontation in all directions’ 6 October, 2024 / 16:37
Germany to supply Türkiye with weapons worth hundreds of millions of euros 6 October, 2024 / 16:21
Gaza death toll exceeds 41,800 6 October, 2024 / 16:01
Ukrainian ambassador grateful to Azerbaijani partners for continuous support 6 October, 2024 / 15:32
Azerbaijani Defense Ministry presents weekly summary of events 6 October, 2024 / 15:01
COP29 can act as defender of colonies experiencing environmental disaster 6 October, 2024 / 14:29
Tokayev believes Kazakhstan's nuclear power plant should be built by int'l consortium 6 October, 2024 / 13:57
7 of family dead as fire breaks out in India's Mumbai 6 October, 2024 / 13:25
Azerbaijan weather forecast for October 7 6 October, 2024 / 12:48