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Azerbaijani oil price drops below $80
Energy
- 09 October, 2024
- 06:21
The price of Azerbaijan's Azeri LT CIF oil in the world market dropped by $3.33, or 4.02%, to $79.58 per barrel, Report informs.
December futures for Brent crude were traded at $80.93 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 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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