Azerbaijani oil price rises by 0.73%

Agshin Rafigoglu
Post's author

The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.54, or 0.73%, to $74.7 per barrel, Report informs.

January futures for Brent crude were traded at $72.28 per barrel.

The average oil price in Azerbaijan's state budget for 2024 was set at $75 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

AZCHEMCO Vice-Chairman Rifat Sultanzada: Gobustan codes - salvation of humanity from global climate change 21 November, 2024 / 21:05
Azerbaijan, Uzbekistan mull cooperation 21 November, 2024 / 20:56
'City for People in Baku' event held within COP29 in Baku 21 November, 2024 / 20:44
10 Turkish banks commit not to finance coal projects 21 November, 2024 / 20:34
Azerbaijan, Chile mull cooperation within International Transport Forum 21 November, 2024 / 20:30
Mirzoyan, Bundestag committee chairman mull Armenia-Azerbaijan peace process 21 November, 2024 / 20:29
Azerbaijan rejects unfounded accusations in Luxembourg parliament's resolution 21 November, 2024 / 20:26
Ruth Davis: It's time to apply integrated approach to environmental issues 21 November, 2024 / 20:23
Panel discussion on transition in agri-food system held at COP29 21 November, 2024 / 20:16
Gintautas Paluckas confirmed as Lithuania’s new prime minister 21 November, 2024 / 20:11
Azerbaijani, Turkish officials discuss efforts to combat climate change 21 November, 2024 / 20:03
Leyla Aliyeva speaks at COP29 event dedicated to leopard protection 21 November, 2024 / 19:58
COP29 discusses impact of climate change on transboundary water resources 21 November, 2024 / 19:54
Members of Nizami Ganjavi Center call for increased funding for gender-oriented projects 21 November, 2024 / 19:50
Gunmen attack Pakistan passenger vehicles, killing at least 38 people 21 November, 2024 / 19:44