Baku 0° C
Azerbaijani oil price falls by 2%
Energy
- 09 March, 2023
- 06:08
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $1.74, or 2.02%, to $84.73 per barrel, Report informs.
The Brent crude price traded at $82.66 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $50 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.
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