Baku 11° C
Azerbaijani oil price down by nearly 3%
Energy
- 31 May, 2023
- 05:27
The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $2.26, or 2.86%, to $76.72 per barrel, Report informs.
The Brent crude price traded at $73.35 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
23:56
Norway and Netherlands ramp up drone funding for Ukraine
Other countries23:51
UK disburses final tranche to Ukraine via G7 revenue acceleration plan
Other countries23:37
Pentagon steps up planning for possible Cuba operations
Other countries23:15
Iran insists on Pakistan venue for talks with US
Foreign policy23:03
UN boosts humanitarian aid for Iran with $12M
Other countries22:50
Erdogan invites Canada PM to NATO, COP31 summits
Region22:37
China to send 58 tonnes of medical aid to Iran
Region22:23
Paris hosts exhibition dedicated to Azerbaijan
Cultural policy21:58