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Azerbaijani oil price falls to $110
Energy
- 04 May, 2022
- 06:18
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.92 or 1.70% to $110.70 per barrel, Report informs.
Yesterday, the Brent crude price was $107.34 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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.
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