Baku 10° C
Azerbaijani oil price nears $89
Energy
- 13 January, 2022
- 06:25
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has declined by $4.84 or 5.79% to $88.45 per barrel, Report informs.
Yesterday, the Brent crude price was $84.47 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
17:37
Azerbaijan reduces car imports from Georgia by 54%
Business17:09
El Anouni: Peace agreements on Ukraine won't work without EU support
Other countries16:59
Azerbaijan's apple export revenues surge by nearly 20%
AIC16:49
Serbia strengthens position in global tourism market
Tourism16:46
Bakhtiyar Aslanbayli awarded United Kingdom's honorary distinction
Foreign policy16:39
King Charles shares 'deep concern' after Andrew arrest
Other countries16:31
Azerbaijan exports over 24,000 tons of crude oil to Greece
Energy16:16
Ombudsperson comments on Amnesty International's statement on Ruben Vardanyan
Foreign policy15:58