Azerbaijani oil price nears $79
Energy
- 17 June, 2023
- 05:47
The price of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.82, or 1.02%, to $78.58 per barrel, Report informs.
The Brent crude price was traded at $76.61 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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.
Latest News
11:44
Ilham Aliyev: South Caucasus should be region of peace, free from geopolitical competition
Foreign policy11:39
Aliyev: A new chapter of cooperation has opened between Azerbaijan and China
Foreign policy11:34
Ilham Aliyev: 3+3 format should become equal six-party cooperation
Foreign policy11:30
Ilham Aliyev: Digital transformation, AI development among Azerbaijan's agenda
ICT11:27
Aliyev: Criticism of colonial policy is unrelated to ties with France
Foreign policy11:27
Ilham Aliyev: Azerbaijan, Russia normalized relations, have positive dynamics
Foreign policy11:21
President: Azerbaijan's role in regional affairs is growing
Domestic policy11:07
Ilham Aliyev: Negotiations underway on increasing gas supplies to Europe
Energy10:51