Azerbaijani oil price continues to rise

Tural Ibadli
Post's author

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.2 or 0.24% to $84.83 per barrel, Report informs.

Yesterday, the Brent crude futures traded at $80.1 per barrel.

The average oil price in Azerbaijan's state budget for 2023 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.

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