Baku 5° C
Azerbaijani oil price nears $81
Energy
- 07 June, 2024
- 05:27
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $2.56, or 3.28%, to $80.91 per barrel, Report informs.
July futures for Brent crude were traded at $80.02 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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
10:50
'One Europe, One Market': EU eyes deeper single market by end of 2027
Other countries10:39
Oil prices fall as tensions between US, Iran, Venezuela ease
Energy10:35
S. Korean navy chief removed from duty over alleged role in Yoon martial law episode
Other countries10:29
Britain's top civil servant resigns
Other countries10:08
Russia's foreign debt exceeds $60 billion
Region10:05
Azeri Light price falls 3% to $70 per barrel
Energy09:58
Reuters: Saudi-backed Midad signs term sheet with Lukoil for sanctioned assets
Energy09:48
US aircraft carrier to be sent to Middle East from Venezuela, officials say
Other countries09:38