Baku 25° C
Azerbaijani oil price keeps falling
Energy
- 02 November, 2023
- 05:38
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.17, or 0.19%, to $91.22 per barrel, Report informs.
Brent crude was traded at $85.45 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $60 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.
Author
Latest News
14:36
NE Global on Baku Energy Week: Diversification of supplies and development of green energy
Energy14:30
Bahrain condemns Iranian attacks, says security cannot be achieved through missiles and drones
Other countries14:18
Ambassador: Slovakia, Azerbaijan to sign major package of economic agreements - EXCLUSIVE
Foreign policy13:58
Kujundzic: EU aims to approve Partnership Priorities with Azerbaijan by end of 2026 - EXCLUSIVE
Foreign policy13:56
Photo
Classics & Supercars festival featuring retro and modern vehicles underway at Baku Seaside Boulevard
Individual sports13:49
Photo
Gismat Gozalov: Azerbaijan and Turkmenistan will continue high-level contacts in 2026
Foreign policy13:44
Photo
Ashgabat hosts event marking 900th anniversary of Ajami Nakhchivani
Cultural policy13:35
Sechin: Average oil price in 2026 may reach $95 per barrel
Energy13:25
Photo