Baku 30° C
Azerbaijani oil price falls below $87
Energy
- 15 February, 2024
- 05:32
The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $0.95, or 1.08%, to $86.95 per barrel, Report informs.
Brent crude was traded at $82.20 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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.
Author
Latest News
13:25
China extends anti-dumping duties on Indian optical fiber
Other countries13:20
SOCAR"s revenue from Türkiye operations rises by 71%
Energy13:13
Photo
Israeli journalist describes Azerbaijan as exceptional travel destination
Tourism13:08
SOCAR posts $50.8 billion in revenue for 2025
Energy12:46
Mine blasts kill, injure 436 people in Azerbaijan since end of Patriotic War
Incident12:34
Temperatures in Azerbaijan to reach 37 C on August 15
Ecology12:23
Gharibabadi: US strikes cause oil pollution off Iran's coast
Region12:09
Photo
Measures identified to increase freight flows between Türkiye, Iran, Azerbaijan
Infrastructure11:50
Photo