Baku 21° C
Azerbaijani oil price drops below $79
Energy
- 05 June, 2024
- 05:34
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.77, or 1%, to $78.48 per barrel, Report informs.
July futures for Brent crude were traded at $77.53 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
20:45
Azerbaijan's new ambassador presents credentials to Erdoğan
Foreign policy20:32
AFFA official appointed UEFA delegate for Lille-Betis match
Football20:17
UK sends Ukraine over 25,000 of pledged 120,000 drones
Other countries20:04
US sanctions 36 targets linked to Iran's aviation sector
Other countries19:52
Israel to close UK consulate in East Jerusalem over sanctions
Other countries19:31
France to halt trade with Israeli settlements — Barrot
Other countries19:12
Photo
Azerbaijan discusses diaspora cooperation with Pakistan, Nigeria
Diaspora19:07
Putin, Trump discuss Ukraine and US envoys' visits
Other countries18:57
Photo