Azerbaijani oil price falls below $83

Energy
  • 17 December, 2022
  • 05:16
Azerbaijani oil price falls below $83

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.95 or 2.3% to $82.82 per barrel, Report informs.

Yesterday, the Brent crude futures traded at $79.04 per barrel.

The average oil price in Azerbaijan''s state budget for 2022 was set at $85 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.