Baku 23° C
Azerbaijani oil price drops below $80
Energy
- 03 January, 2024
- 07:13
The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $1.37, or 1.7%, to $80.19 per barrel, Report informs.
March futures for Brent crude were traded at $75.94 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
23:59
More than 30,000 Mercedes-Benz employees protest across Germany
Other countries23:43
Two Romanian men jailed for stabbing journalist in London
Other countries23:33
Turkish, Syrian foreign ministers discuss regional situation by phone
Region23:12
FIFA may delay Mexico–England World Cup match due to thunderstorms
Football22:51
Five killed in landmine explosion near T-4 airbase in Syria
Other countries22:38
Hikmat Hajiyev: We extend our warm congratulations to all our friends and colleagues in US
Foreign policy22:28
Extreme heat accelerates glacier melting in Switzerland
Ecology22:11
Hamilton wins sprint qualifying at Formula 1 British Grand Prix
Formula 122:09
Photo