Baku 3° C
Azerbaijani oil price drops
Energy
- 12 April, 2023
- 06:01
The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $0.47, or 0.53%, to $88.44 per barrel, Report informs.
Yesterday, Brent crude futures traded at $85.69 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.
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