Baku 25° C
Azerbaijani oil price nears $123
Energy
- 24 May, 2022
- 05:24
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.08 or 0.89% to $122.70 per barrel, Report informs.
Yesterday, the Brent crude price traded at $112.55 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.
Author
Azərbaycan neftinin qiyməti 123 dollara yaxınlaşır
Азербайджанская нефть приблизилась к отметке 123 доллара
Latest News
18:30
France and Germany agree to seek easing of EU's 2035 ban on combustion-engine cars
Other countries
18:24
Azerbaijan's central bank forecasts inflation at 6.1% in 2026 and 5.8% in 2027
Finance
18:17
Photo
Azerbaijan and Bangladesh discuss cooperation in energy and education
Foreign policy
18:01
Azerbaijan's revenues from gold export to Switzerland rises nearly 30%
Business
17:54
Photo
Baku expected to host Global Conference on State-Owned Enterprises in 2027
Finance
17:47
Zelenskyy warns of 20M Ukrainians' influx into EU if Russia wins
Other countries
17:38
Minister: Normalization of Armenia-Türkiye relations will benefit region
Region
17:29
Baku Initiative Group backs Kanak opposition to New Caledonia nickel deal
Foreign policy
17:20
Photo
Azerbaijan, NATO discuss cooperation in military education
Military