Baku 11° C
Azerbaijani oil price fall by over 2%
Energy
- 18 February, 2023
- 06:30
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market decreased by $2.14, or 2.51%, to $85.34 per barrel, Report informs.
The Brent crude price traded at $83 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $50 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
23:21
Iran attacks US base in Saudi Arabia with drones and rockets
Region23:12
13 countries ready to join tribunal probing Russia's crimes in Ukraine
Other countries22:54
Belgium hopes for swift peace deal between Azerbaijan and Armenia
Foreign policy22:34
WHO office in Tehran damaged by attacks, no casualties
Other countries22:11
Turkish FM meets Ukraine's National Security Secretary in Ankara
Region21:53
Türkiye's FM meets Hamas delegation in Ankara
Region21:37
EU boosts energy imports from Azerbaijan, US, Norway, Algeria, Canada
Energy21:19
Zelenskyy says Russia insists on Ukraine's forces leaving Donbas within two months
Other countries21:04