Baku 7° C
Azerbaijani oil price hits $100
Energy
- 17 February, 2022
- 07:15
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $3.13 or 3.21% to $100.76 per barrel, Report informs.
The price of Azerbaijani oil has exceeded $100 for the first time since September 2014.
Yesterday, the Brent crude price was $94.25 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
21:06
Lithuania prolongs sanctions against Russia, Belarus until end of 2027
Other countries20:44
Agreement on cooperation between Azerbaijani and Georgian interior ministries approved
Foreign policy20:27
Azerbaijan and Pakistan discuss strengthening economic cooperation
Business20:12
President orders celebration of Azerbaijani poet Khagani Shirvani"s 900th anniversary
Domestic policy19:52
PM: Lithuania will use funds from EU loan to strengthen air defense
Other countries19:28
Iran says ready for dialogue with US
Other countries19:07
Photo
Azerbaijan and EC mull energy partnership priorities
Energy18:28
Photo
Jeyhun Bayramov visits Museum of Communist Party of China
Foreign policy18:21