Baku 10° C
Azerbaijani oil price falls 1%
Energy
- 17 January, 2023
- 05:24
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.91, or 1%, to $90.35 per barrel, Report informs.
Yesterday, Brent crude futures traded at $84.46 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
00:03
Meloni says Italy supports Azerbaijan-Armenia normalization
Foreign policy23:57
Meloni: Azerbaijan-Italy business forum planned for second half of 2026
Economy23:49
Meloni says she exchanged views with President Aliyev on Iran crisis
Foreign policy23:43
Azerbaijan, Italy discuss increasing gas exports
Energy23:38
SOFAZ invests approximately $3 billion into Italian economy
Foreign policy23:35
Ilham Aliyev: Military-technical cooperation is promising
Foreign policy23:30
Iran refutes striking oil facility in UAE
Region23:27
Russia declares ceasefire with Ukraine on May 8-9 in honor of Victory Day
Region23:16