Azerbaijani oil price exceeds $93

The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $2.07, or 2.3%, to $93.5 per barrel, Report informs.

Brent crude was traded at $88.55 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.