Azerbaijani oil falls in price

Energy
  • 28 October, 2023
  • 06:12
Azerbaijani oil falls in price

The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.62, or 0.66%, to $92.25 per barrel, Report informs.

Brent crude was traded at $87.93 per barrel.

The average oil price in Azerbaijan's state budget for 2023 was set at $60 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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