Baku 11° C
Azerbaijani oil price drops to $75
Energy
- 18 December, 2024
- 05:53
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.13, or 1.48%, to $75 per barrel, Report informs.
February futures for Brent crude were traded at $73.19 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
20:35
Hakan Fidan discusses regional tensions with counterparts from China and three other countries
Foreign policy20:19
Harry Mitsidis: Scale of reconstruction work in Karabakh is astonishing
Foreign policy20:01
Prime Ministers of Kazakhstan and Russia discuss Caspian Sea protection
Ecology19:50
Ukrainian MP: Country must be ready for all scenarios
Other countries19:42
Azerbaijan increases tea exports and reduces imports
Business19:31
Conor McGregor confirms return
Individual sports19:24
Ethylene production in Azerbaijan falls 31% in January–February
Industry19:09
Photo
Businesspeople from Azerbaijan and Italy discuss cooperation in agribusiness
AIC18:58