Baku 3° C
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.
Author
Latest News
21:32
Armenia, Bulgaria discuss implementation of TRIPP project
Foreign policy21:23
UAE not to allow use of its airspace, territory for attacks on Iran
Other countries21:11
UN Secretary-General issues serious warning over weakening of global legal system
Other countries21:00
French FM Barrot to visit Türkiye on Jan.27
Region20:50
Baku to host 2nd Educational Exhibition of Uzbek Universities
Education and science20:42
Kremlin confirms continuation of talks among Russia, US, and Ukraine
Other countries20:32
US, Armenia discuss implementation of TRIPP project
Foreign policy20:20
Slovakia opposes EU decision to phase out Russian gas imports
Other countries19:59