Azerbaijani oil price falls by over $4
Energy
- 03 February, 2024
- 05:58
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $4.2, or 4.85%, to $82.3 per barrel, Report informs.
Brent crude was traded at $78.70 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $60 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
17:36
Azerbaijan produces 3.6 tons of sturgeon caviar in 2025
Industry17:24
Ukraine to receive ammunition for F-16 jets from Finland
Other countries17:10
Ireland proposes cutting EU budget by €159 billion
Other countries16:50
Photo
President Ilham Aliyev and Head of Chechen Republic of Russia have lunch together
Foreign policy16:44
Photo
President Ilham Aliyev and Head of Chechen Republic of Russia visited Baku White City
Foreign policy16:42
Khankandi's manufacturing output rises 8.6 times in 2025
Industry16:31
Azerbaijan increases cherry exports by 49% in January-July
Business16:12
Ramzan Kadyrov reiterates condolences over Baku–Grozny aircraft crash
Foreign policy16:03
Photo