Baku 25° C
Azerbaijani oil price loses 5%
Energy
- 16 October, 2024
- 06:39
The price of Azerbaijan's Azeri LT CIF oil in the world market dropped by $3.93, or 5%, to $74.75 per barrel, Report informs.
December futures for Brent crude were traded at $74.46 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.
Author
Latest News
23:52
EU drops ban on transport of Russian LNG in latest sanctions package
Other countries23:38
Gurbanov: Qarabag will aim for better result in return leg against CSKA Sofia
Football23:24
Mine explosion injures one in Azerbaijan's Jabrayil
Incident23:06
US announces over $200M in humanitarian assistance to ICRC and IFRC
Other countries22:41
Turkish MFA condemns storming of Al-Aqsa Mosque by Israelis
Region22:18
Azerbaijan raises investment in Eurasian transport network
Infrastructure22:00
Photo
Qarabag held to goalless draw by CSKA Sofia
Football21:58
Paide beat Zira 1-0 in Conference League qualifier
Football21:35