Azerbaijani oil falls by $5
Energy
- 07 December, 2022
- 05:13
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market dropped by $5, or 5.74%, to $82.09 per barrel, Report informs.
The Brent crude price traded at $79.50 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.
Latest News
20:43
Azer Amirov: Azerbaijani Deposit Insurance Fund not responsible for privatization vouchers
Finance20:35
Intern arrested on suspicion of spying at NATO military HQ in Belgium
Other countries20:15
IRGC says it stopped four ships trying to transit Strait of Hormuz
Other countries19:55
Azerbaijan's persimmon exporsts approched 41,000 tons in 1H2026
Business19:40
Azerbaijan expanding cooperation with IMF on fiscal statistics
Finance19:23
Compensation for banks under liquidation in Azerbaijan exceeds $1B
Finance19:09
Azerbaijani Deposit Insurance Fund talks on protection measures against cyberattacks
ICT19:01
Azerbaijan may introduce deposit insurance for legal entities
Finance18:57