Baku 20° C
Azerbaijani oil price drops below $83
Energy
- 01 June, 2024
- 07:28
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.03, or 1.23%, to $82.75 per barrel, Report informs.
May futures for Brent crude were traded at $81.62 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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
23:48
Roberto Sanchez overtakes Keiko Fujimori in Peru presidential race
Other countries23:35
Armenia to announce final election results on June 14
Region23:09
Serbia may launch strategic dialogue with US this summer
Other countries22:46
Pentagon adds Alibaba, BYD and Baidu to firms with ties to China's military
Other countries22:39
Photo
Baku hosts first Azerbaijan-Syria consular consultations
Foreign policy22:00
Türkiye, US commanders discuss defense, security issues
Region21:54
Azerbaijan, Türkiye discuss higher education cooperation
Education and science21:33
Panama's president expresses desire to further strengthen bonds of friendship with Azerbaijan
Foreign policy21:21