Azerbaijani oil price drops below $84
Energy
- 17 August, 2024
- 06:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $1.82, or 2.3%, to $83.72 per barrel, Report informs.
October futures for Brent crude were traded at $79.68 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 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.
Latest News
15:56
Kazakhstan's public debt reaches $85.6 billion
Finance
15:51
Uzbekistan's Central Bank studies Azerbaijan's experience in portfolio management
Finance
15:47
Israfil Mammadov: SOFAZ and Norway's wealth fund have different mandates
Finance
15:42
Aysel Ahmadli wins gold at European Championships
Individual sports
15:36
Azerbaijan to increase agricultural subsidies in 2027
Finance
15:35
BP brings deep reservoir oil well online at ACG
Energy
15:26
Photo
Video
Azerbaijan and Russia sign emergency cooperation plan for 2027–2029
Domestic policy
15:19
Eurozone inflation hits three-year high
Economy
15:18
Azerbaijan plans AZN 736 million investment in Alat Free Economic Zone infrastructure
Industry