Baku 21° C
Azerbaijani oil price drops 3%
Energy
- 16 June, 2022
- 05:28
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $3.93 or 2.95 to $129.41 per barrel, Report informs.
Yesterday, the Brent crude price traded at $119.04 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.
Author
Latest News
12:36
Azerbaijani judoka Madina Kaisinova exits world championships
Individual sports12:24
Photo
Ivan Bednárik: Czech Republic ready to discuss through-tariffs, multimodal transport with Azerbaijan – INTERVIEW
Infrastructure12:20
Filipino traveler sees potential for tourism growth in Karabakh and East Zangazur
Karabakh12:15
Dzamal Gamzatkhanov opens world judo championships with victory
Individual sports12:09
Photo
Participants of Baku Dialogue conference begin visit to Lachin
Foreign policy12:00
Gran Tierra Energy registers local branch in Azerbaijan
Energy11:42
US traveler praises reconstruction efforts in Karabakh and East Zangazur
Karabakh11:34
Azeri Light oil price falls by 1.82% to $130.81 per barrel
Energy11:19