Baku 29° C
Azerbaijani oil price approaches $84
Energy
- 16 May, 2024
- 05:19
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.61, or 0.73%, to $83.94 per barrel, Report informs.
May futures for Brent crude were traded at $83.13 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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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