Baku 5° C
Azerbaijani oil price falls by 2%
Energy
- 16 February, 2022
- 06:32
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.07 or 2.08% to $97.63 per barrel, Report informs.
Yesterday, the Brent crude price was $93.12 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
08:15
Trump signs order allowing US to impose tariffs on countries supplying oil to Cuba
Other countries08:07
Trump intends to continue talks with Iran, urges to drop development of nuclear weapons
Other countries20:54
UK and 23 other OSCE members launch probe into Georgia over rights concerns
Region20:45
Volume of Indian direct investments in Azerbaijan's economy grows
Finance20:36
Info session on sustainability held for gov't agencies in preparation for WUF13 event
Domestic policy20:23
Photo
Milli Majlis Speaker meets with Chairman of State Council of Oman
Foreign policy20:11
Investments of Persian Gulf countries in Azerbaijan exceed $600M
Finance19:56
EU adds Iran's Revolutionary Guards to terrorist list
Region19:29
Photo