Azerbaijani oil price falls below $80
Energy
- 06 August, 2024
- 07:17
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.97, or 1.3%, to $79.73 per barrel, Report informs.
October futures for Brent crude were traded at $77.13 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.
Latest News
18:52
Photo
Another 30 Ukrainian children arrive in Azerbaijan for rehabilitation
Foreign policy
18:46
Cambodia sees cooperation with Azerbaijan in renewable energy, logistics
Business
18:18
Photo
Azerbaijan, Iran discuss cooperation against transnational crime
Foreign policy
18:06
Photo
Kazakhstan, Azerbaijan discuss stronger transport and logistics ties
Infrastructure
17:54
Vallourec to supply over 16,000 tonnes of pipes for Azerbaijan's Absheron gas field
Energy
17:53
Iran's interior minister thanks Ilham Aliyev for humanitarian aid
Foreign policy
17:50
Azerbaijani MPs highlight equality, secularism in school uniform debate
Education and science
17:36
CAMFEBA president: Azerbaijan and Cambodia can open new markets together
Infrastructure
17:35
Photo
President Ilham Aliyev receives Iranian Interior Minister
Foreign policy