Baku 29° C
Azerbaijani oil price drops $3
Energy
- 26 July, 2022
- 06:24
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $3.1 or 2.7% to $112.32 per barrel, Report informs.
Yesterday, the Brent crude price traded at $100.19 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
18:37
At least 25 killed in attack on Nigeria's Plateau amid reprisal fears
Other countries18:15
Azerbaijan and Georgia plan measures to speed up border crossing
Infrastructure17:50
Trump: Strait of Hormuz is open, all mines have been cleared
Other countries17:45
Azerbaijan sues CNN over biased report
Media17:24
Photo
Azerbaijan and Georgia mull exchanging cybersecurity experience
ICT17:12
Kazakhstan and Azerbaijan to launch Trans-Caspian fiber-optic cable in Q4 2026
ICT17:05
Ambassador: Work on new strategic partnership between UK and Azerbaijan ongoing
Foreign policy16:59
Duncan Norman: Looking forward to strengthening London-Baku strategic partnership
Foreign policy16:50