Baku 11° C
Azerbaijani oil price falls slightly
Energy
- 04 January, 2023
- 09:57
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.9 or 0.1% to $87.99 per barrel, Report informs.
Yesterday, the Brent crude futures traded at $80.75 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
15:39
EU to provide support for restoration of Druzhba pipeline
Other countries15:36
Korea thanks Azerbaijan for help evacuating Koreans from Iran
Foreign policy15:21
Iraq in talks with Iran on tanker passage through Strait of Hormuz
Energy15:19
Azerbaijan cuts salami imports
Business15:16
Iran envoy rejects claims Khamenei is in Russia for treatment
Region14:55
Azerbaijan sees nearly $2B surplus in transport services balance
Finance14:51
Chinese firms resume purchases of Russian oil after four-month pause
Energy14:45
Photo
Thirty families receive apartment keys after relocating to Horovlu
Domestic policy14:41