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Azerbaijani oil price nears $98
Energy
- 14 October, 2022
- 06:14
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $1.04, or 1.07%, to $97.98 per barrel, Report informs.
Yesterday, the Brent crude price traded at $94.51 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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