Baku 24° C
Azerbaijani oil drops by over 1%
Energy
- 01 October, 2022
- 04:48
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.17 or 1.4% to $91.68 per barrel, Report informs.
Yesterday, the Brent crude price traded at $87.96 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
00:54
Burnham, Trump discuss Middle East in first phone call
Other countries00:46
Vučić announces support for Serbians abroad who want to return
Other countries00:40
Flash floods kill 20 in Afghanistan, 100 missing, authorities say
Other countries23:37
Ed Miliband appointed UK foreign secretary
Other countries23:29
Photo
President Ilham Aliyev met with Chairman of Eastern Committee of German Economy Michael Harms
Foreign policy23:06
Georgia, Azerbaijan launch electronic permits for international road freight
Region22:50
Former UK defense minister John Healey appointed finance minister
Other countries22:29
Russian shelling kills two, injures 17 in Ukraine's Dnipropetrovsk region
Other countries22:02