Azerbaijani oil price up

Tural Ibadli
Post's author

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.68 or 0.5% to $127.48 per barrel, Report informs.

Yesterday, the Brent crude price traded at $122.84 per barrel.

The average oil price in Azerbaijan''s state budget for 2022 was set at $50 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

Lidy Nakpil: Developed countries' climate finance proposal unacceptable 23 November, 2024 / 17:43
Malawi negotiator: 'We demand more ambitious NCQG' 23 November, 2024 / 17:39
Colombian Environment Minister: Global North must take action on climate financing 23 November, 2024 / 17:35
German Foreign Minister's climate hypocrisy: West shifts responsibility to developing nations 23 November, 2024 / 17:08
Media: COP29 delegates plan to set NCQG at $300 billion per year 23 November, 2024 / 17:00
EU recalls Niger ambassador for consultations over disagreement with government 23 November, 2024 / 16:43
OTP Bank in Hungary stops servicing Gazprombank's UnionPay cards 23 November, 2024 / 16:40
Baku slams Pashinyan's attempts to draw parallels between Western Azerbaijan and "Western Armenia" 23 November, 2024 / 16:27
SOCAR official speaks at panel discussions held within COP29 23 November, 2024 / 16:15
Minister: Re-emphasizing strength of Azerbaijan Army by Ilham Aliyev further increases responsibility against any provocations 23 November, 2024 / 16:11
Georgian Dream: High-ranking officials in parliament will keep their positions 23 November, 2024 / 16:10
Ghanaian delegate: Developed countries must play major role in addressing climate issues 23 November, 2024 / 16:05
Fatma Varank: Azerbaijan demonstrated very high level of organizing COP29 23 November, 2024 / 15:49
Bernard Mwinzi: Western countries underestimate importance of climate finance for Global South 23 November, 2024 / 15:46
Lawmaker urges Tehran to build nukes, claiming it has nothing to lose 23 November, 2024 / 15:45