Baku 27° C
Azerbaijani oil price falls below $98
Energy
- 18 February, 2022
- 06:40
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $3.08 or 3.06% to $97.68 per barrel, Report informs.
Yesterday, the Brent crude price was $92.49 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
08:54
Another batch of grain to be sent to Armenia in transit through Azerbaijan
Region23:47
Photo
Ukraine and Denmark sign memorandum to establish joint drone production venture
Other countries23:27
Armenia to finalize new constitution draft for public and expert review
Region23:09
Tickets for Qarabag vs. Twente UEFA Conference League play-off match go on sale
Football22:46
Russian drone strike on police headquarters in Ukraine kills two officers
Other countries22:30
Death toll from Colombia earthquake rises to 312
Other countries22:16
Azerbaijan's Aykhan Javadov becomes U20 world champion for second time
Individual sports22:07
Photo
Uzbekistan, Azerbaijan mull increasing trade turnover
Foreign policy21:43