Baku 26° C
Azerbaijani oil price keeps falling
Energy
- 11 January, 2022
- 06:20
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has declined by $0.54 or 0.63% to $84.67 per barrel, Report informs.
Yesterday, the Brent crude price was $81.05 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
11:21
Anar Karimov: Azerbaijan allocated $2B for youth education in 5 years
Finance11:03
HDC CEO: ASEAN countries account for up to 25% of global halal consumption and production market
Business11:02
Azerbaijan, Mongolia boost freight permit quotas tenfold
Infrastructure10:59
Adalat Muradov: UNEC cooperates with 128 universities in 30 countries
Finance10:51
IsDB official: Middle Corridor and Baku Port open prospects for youth
Infrastructure10:50
Al Saadi: Resilience is no longer a competitive advantage
Foreign policy10:46
SESRIC reveals projected size of global halal market by 2028
Finance10:45
Ameen al Saadi: Halal industry goes beyond food and finance
Business10:33