Baku 4° C
Azerbaijani oil price dropping
Energy
- 15 May, 2024
- 05:39
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.15, or 1.36%, to $83.33 per barrel, Report informs.
May futures for Brent crude were traded at $82.87 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.
Author
Latest News
10:11
IAEA brokers Russia-Ukraine ceasefire on Zaporizhzhya NPP
Other countries09:53
Azerbaijan envoy to Georgia meets BP regional president in Tbilisi
Energy09:35
Syrian president declares Kurdish a national language
Other countries09:22
Last Czech deep coal mine closes as centuries-old industry reaches final day
Energy09:11
Photo
World-renowned American sculptor Carole Feuerman's exhibition opens at Heydar Aliyev Center
Cultural policy20:54
Rutte to meet with ministers of Denmark and Greenland on Monday
Other countries20:49
Latest US sanctions target Houthi funding networks
Other countries20:25
Photo
Kamran Aliyev discusses cooperation with Istanbul's Deputy Prosecutor General
Region20:19