Baku 23° C
Azerbaijani oil price falls to $127
Energy
- 10 March, 2022
- 06:30
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $8.87 or 6.52% to $127.12 per barrel, Report informs.
Yesterday, the Brent crude price was $113.93 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
17:53
Iran's interior minister thanks Ilham Aliyev for humanitarian aid
Foreign policy
17:50
Azerbaijani MPs highlight equality, secularism in school uniform debate
Education and science
17:36
CAMFEBA president: Azerbaijan and Cambodia can open new markets together
Infrastructure
17:35
Photo
President Ilham Aliyev receives Iranian Interior Minister
Foreign policy
17:22
Yellow wind warning issued for Baku and several Azerbaijani regions
Ecology
17:14
ITA: Over 20 Italian companies to participate in BakuBuild 2026
Economy
17:13
Photo
Czech transport minister visits Baku Railway Station
Infrastructure
17:09
Video
Sites of Memory of Western Azerbaijan: History of Boyuk Mazra
Domestic policy
17:06
Ilham Aliyev: Azerbaijan, Cambodia exploring opportunities to establish joint production facilities in various sectors
Foreign policy