Baku 28° C
Azerbaijani oil declines in price
Energy
- 29 October, 2022
- 05:01
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $1.06, or 1.09%, to $96.61 per barrel, Report informs.
The Brent crude price traded at $95.77 per barrel.
The average oil price in Azerbaijan's state budget for 2022 was set at $85 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.
Author
Latest News
14:29
Prestigious Currency News publishes article about 'upgraded' 100 manat
Finance14:23
3 killed in explosion at thermal power plant in Syria
Other countries14:21
Photo
Video
Azerbaijani mugham performed at festival in Romania
Cultural policy14:17
Iran's parliament speaker Galibaf set to visit Iraq
Other countries13:51
Azerbaijan's state budget revenues in 2026 expected 2% higher than forecast
Finance13:38
Azerbaijan's Foreign Ministry voices strong protest over anti-Azerbaijani remarks
Foreign policy13:25
Projected value of Azerbaijan's public debt at year-end revealed
Finance13:16
Azeri Light was selling 45.4% higher than budgeted in 1H26
Finance13:06