Azerbaijani oil price settles above $76

Agshin Rafigoglu
Post's author

The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.39, or 1.86%, to $76.19 per barrel, Report informs.

December futures for Brent crude were traded at $75.08 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

Azerbaijan’s CBA reveals financial sector's working regime during COP29 5 November, 2024 / 12:24
Azerbaijan's Nature Conservation Plan under development 5 November, 2024 / 12:19
Allahshukur Pashazada proposes permanent advisory council of religious leaders 5 November, 2024 / 12:15
Ramin Mammadov: Message of Global Summit of Religious Leaders to world crucial for overcoming future threats 5 November, 2024 / 11:59
Working hours of museums in Baku’s Icherisheher to be extended during COP29 5 November, 2024 / 11:57
Armenian official says Yerevan has sent peace treaty proposals package to Baku 5 November, 2024 / 11:55
President Ilham Aliyev: Global environmental problems pose a serious threat to the existence and future of humanity 5 November, 2024 / 11:51
Operating expenses for ACG up by 10% 5 November, 2024 / 11:49
EU delegation arrives in Armenia to pave way for visa liberalization 5 November, 2024 / 11:43
Patriarch Ilia II praises Azerbaijan's role in fostering international cooperation 5 November, 2024 / 11:38
BP produced 13M tons of oil from ACG in January-September 5 November, 2024 / 11:31
Azerbaijan, Pakistan to sign agreement on fuel supply 5 November, 2024 / 11:15
Moratinos: Religious leaders can make significant contribution to combating climate change 5 November, 2024 / 11:14
Muhammad Al-Duwaini: COP29 should achieve implementation of decisions left on paper 5 November, 2024 / 10:59
Emergency response drills conducted in Baku to ensure energy supply stability during COP29 5 November, 2024 / 10:53