Baku -1° C
Azerbaijani oil keeps falling in price
Energy
- 07 July, 2022
- 06:08
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $3.11, or 2.64%, to $114.61 per barrel, Report informs.
Yesterday, the Brent crude price traded at $100.69 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
20:56
Strategic Working Group for Azerbaijan-US Strategic Partnership Charter holds 2nd meeting
Foreign policy20:51
Photo
Karabakh University and Istanbul Technical University ink MoU
Education and science20:45
Trump: US won't use force to seize Greenland
Other countries20:41
Trump says US will remember Europe's refusal on Greenland issue
Other countries20:27
Video
AnewZ prepares documentary film on Libya
Media20:22
Trump talks about how he gave Putin 'master class' on conflict resolution
Foreign policy20:15
Moody's forecasts slowdown in inflation in Azerbaijan
Finance20:10
Trump: Venezuela will earn more in half a year than in last 20 years
Other countries20:01