Baku 9° C
Azerbaijani oil price keeps falling
Energy
- 26 January, 2023
- 06:11
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.42, or 0.47%, to $89.45 per barrel, Report informs.
The Brent crude price traded at $86.19 per barrel.
The average oil price in Azerbaijan's state budget for 2022 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.
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