Baku 19° C
Azerbaijani oil price declines
Energy
- 08 March, 2024
- 06:28
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market has declined by $1.49, or 1.68%, to $87.27 per barrel, Report informs.
April futures for Brent crude were traded at $82.96 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.
Author
Latest News
14:17
European Commission urges Georgia to conduct large-scale justice reform
Region
14:06
Zelenskyy awards Melania Trump Ukraine's Order of Princess Olga
Other countries
14:00
Azerbaijan projects average annual GDP growth of 3.3% through 2030
Finance
13:48
Documentary 'Crude & Ink: Stories Written in Oil' premieres in Baku
Energy
13:47
Azerbaijan's national payment system transactions reach 8.5 times GDP
Finance
13:36
Azerbaijan forecasts higher Social Protection Fund spending in 2027
Finance
13:31
Azerbaijan to increase AZAL subsidy by nearly 20% in 2027
Finance
13:25
Škoda may halt hockey world shampionship sponsorship over Russia
Other countries
13:08
CBA chairman: Budget deficit financing in 2027 won't significantly impact inflation
Finance