Azerbaijani oil price falls below $99
Energy
- 12 October, 2022
- 06:32
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $3.17, or 3.11%, to $98.83 per barrel, Report informs.
Yesterday, the Brent crude price traded at $94.29 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.
Latest News
16:19
President Ilham Aliyev's social media accounts share video on his participation in 8th Congress of New Azerbaijan Party
Domestic policy16:07
Photo
Azerbaijan, EU discuss energy security and reliable gas supplies
Energy16:02
German ambassador to Azerbaijan plans to visit Karabakh in early October
Foreign policy15:50
Photo
Azerbaijan joins Asian constitutional courts congress in Samarkand
Incident15:50
WB proposes transforming Middle Corridor into full-fledged economic route
Infrastructure15:44
WB outlines key conditions for successful development of TITR
Infrastructure15:36
Azerbaijan sees cybersecurity risks in transition from FTP to CI/CD
ICT15:35
WB evaluates Azerbaijan's macroeconomic stability, economic growth prospects
Finance15:21