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Azerbaijani oil price nears $90
Energy
- 20 March, 2024
- 08:42
The price of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.04, or 1.17%, to $89.57 per barrel, Report informs.
May futures for Brent crude were traded at $87.38 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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.
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