Baku 28° C
Azerbaijani oil keeps growing in price
Energy
- 07 May, 2022
- 05:56
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $2.1 or 1.8% to $119.04 per barrel, Report informs.
Yesterday, the Brent crude price traded at $112.39 per barrel.
The average oil price in Azerbaijan''s state budget for 2022 was set at $50 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
17:00
Final statement adopted at international mine action conference in Azerbaijan
Domestic policy16:56
IndiGo flight makes emergency landing in Muscat after pilot falls ill
Other countries16:46
Bosnia and Herzegovina develops five-year action plan for mine action
Foreign policy16:26
LMAC: Conflict in southern Lebanon affects demining operations
Foreign policy16:04
Israel plans to return five Lebanese prisoners today
Other countries15:53
Jaishankar: Russia-Ukraine war will not be resolved by buying or rejecting oil
Other countries15:48
Azerbaijan resumes bee imports from Uzbekistan
Business15:34
Dispute over Morocco's role in Ceuta migration crisis intensifies in Spain
Other countries15:27
Photo