Azerbaijani oil price falls to $75

Energy
  • 13 June, 2023
  • 06:35
Azerbaijani oil price falls to $75

The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $3.33. or 4.24%, to $75.10 per barrel, Report informs.

The Brent crude price traded at $72.33 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.