Baku 11° C
Azerbaijani oil price drops by 4%
Energy
- 25 October, 2023
- 05:08
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $3.83, or 4%, to $91.71 per barrel, Report informs.
Brent crude was traded at $88.02 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
13:09
ASCO's Koroglu tanker returns to service after repairs
Infrastructure13:08
Pope Leo's visit to Azerbaijan on agenda - EXCLUSIVE
Foreign policy13:05
Ambassador: Israel committed to strengthening cooperation with Azerbaijan
Foreign policy13:00
Azerbaijani figure skater to compete at European Championships
Individual sports12:55
President Ilham Aliyev attends opening of second residential complex in Aghdam, meets with residents
Domestic policy12:52
Vladimir Putin makes phone call to Ilham Aliyev
Foreign policy12:48
Armenia to hold parliamentary elections in June 2026
Region12:45
President of Uzbekistan makes phone call to Ilham Aliyev
Foreign policy12:43