Baku 5° C
Azerbaijani oil price falls by about $1
Energy
- 15 February, 2023
- 05:28
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.74, or 0.84%, to $87.70 per barrel, Report informs.
The Brent crude price traded at $85.58 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.
Author
Latest News
00:27
President: All Azerbaijanis should know and do know that a strong Azerbaijani state stands behind them
Domestic policy00:25
Azerbaijani President: We can be proud of this year's achievements in economic development
Domestic policy00:22
Azerbaijani President: We have not allowed and will not allow anyone to interfere in our affairs
Foreign policy00:19
President: Issue of restoring our territorial integrity and its global recognition has been resolved
Domestic policy00:17
President Ilham Aliyev: Today Azerbaijan is treated with great respect in the world
Domestic policy00:15
President Ilham Aliyev: The world now recognizes our Victory and acknowledges we are right
Foreign policy00:13
President Ilham Aliyev: Azerbaijan's Armed Forces significantly strengthened over past five years
Domestic policy00:08
President: Historic Victory in the Patriotic War will forever remain with us
Domestic policy00:06