Azerbaijani oil price falls by over $1
Energy
- 16 December, 2022
- 05:28
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.17 or 1.36% to $84.77 per barrel, Report informs.
Yesterday, the Brent crude futures traded at $81.03 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
21:02
George Washington University hosts fair on Azerbaijan's history and culture
Foreign policy21:02
Pezeshkian: Yerevan-Baku Peace agreement will strengthen regional security
Foreign policy20:51
Barcelona may activate purchase option for Marcus Rashford
Football20:41
Zelenskyy, EU leaders discuss curbing Russian tankers
Other countries20:27
Armenia seeks EU support to combat Russian interference in parliamentary elections
Region20:17
WP: Over 150 US aircraft sweep into Europe, Middle East
Other countries20:06
FM: Georgia firmly supports territorial integrity of Ukraine
Region19:53
Real Madrid eye potential move for Tottenham's Van de Ven
Football19:35