Baku 6° C
Azerbaijani oil price drops by nearly 3%
Energy
- 31 August, 2024
- 07:18
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $2.35, or 2.8%, to $81.69 per barrel, Report informs.
October futures for Brent crude were traded at $76.93 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.
Author
Latest News
14:21
Global gold production reached its highest level on record in 2025
Finance14:19
AmCham: Azerbaijan needs to electrify 30% of bus fleet by 2030
Infrastructure14:14
Azerbaijan to enable direct bond purchases from issuers
Finance14:05
Shares Lukoil rise up to 3.5% amid deal with Carlyle
Finance14:02
Photo
Azerbaijan, Hungary discuss implementation of demining MoU
Domestic policy13:50
Kallas: EU to discuss sanctions against Iran, designation of IRGC as terrorist organization today
Other countries13:39
Iranian FM set to visit Türkiye on Jan. 30
Foreign policy13:37
AmCham backs life insurers as key players in Azerbaijan's private pension system
Finance13:36