Baku 26° C
Azerbaijani oil price falls slightly
Energy
- 14 June, 2022
- 05:16
The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $0.16 or 0.12% to $128.77 per barrel, Report informs.
August futures for Brent oil were trading at $122.02 per barrel.
The average oil price in Azerbaijan’s state budget for 2022 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
12:43
EU urgently needs to increase ships in Operation ASPIDES in Red Sea, Kallas says
Other countries12:42
Azerbaijan's judicial system digitalization presented at UN Congress
Domestic policy12:39
Ukraine may move part of its digital infrastructure underground
Other countries12:27
Azerbaijan and Türkiye discuss new stage of chess cooperation
Individual sports12:15
Photo
New hospital opens in Azerbaijan's Khojavand
Health11:57
Perpetrators of war crimes against Azerbaijani population receive deserved punishment, Prosecutor General says
Domestic policy11:50
Photo
CBA and Citigroup discuss foreign exchange reserve management
Finance11:46
Baku bus passenger trips reach 335.6 million in Jan-Aug 2026, AYNA says
Infrastructure11:45