Baku 10° C
Azerbaijani oil price nears $99
Energy
- 12 February, 2022
- 07:10
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.52 or 0.5% to $98.75 per barrel, Report informs.
Brent crude is currently trading at $94.44 a barrel.
The average oil price was set at $50 a barrel in the state budget of Azerbaijan for 2022.
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
10:47
UKMTO: Unknown projectile hits vessel near burning Ras Laffan industrial zone
Other countries10:45
Saudi Aramco-Exxon refinery SAMREF in Saudi Arabia's Yanbu targeted
Other countries10:33
Gurbanmammet Elyasov: Turkmenistan ready to implement renewable energy projects with Azerbaijan - INTERVIEW
Foreign policy10:30
Photo
Video
Freight train carrying Russian grain to Armenia departs from Bilajari station
Infrastructure10:18
HSBC weighs deep job cuts as AI overhaul unfolds
Finance10:13
Azerbaijan sees sharp decline in laptop, desktop production
ICT10:10
Price of Azeri Light crude oil approaches $118 per barrel
Energy09:51
IATA expects global passenger demand for air travel to double by 2050
Infrastructure09:47