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Azerbaijani oil price nears $88
Energy
- 01 December, 2022
- 05:26
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market increased by $2.61, or 3.06%, to $87.82 per barrel, Report informs.
The Brent crude price traded at $85.43 per barrel.
The average oil price in Azerbaijan's state budget for 2022 was set at $85 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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