Baku 9° C
Azerbaijani oil price reaches $114
Energy
- 13 May, 2022
- 05:38
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.25 or 1.1% to $113.98 per barrel, Report informs.
Yesterday, the Brent crude price traded at $109.59 per barrel.
The average oil price in Azerbaijan’s state budget for 2022 was set at $50 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.
Author
Latest News
13:07
Expert: Cooperation with Azerbaijan of strategic importance for Tajikistan
Foreign policy13:05
Azerbaijan boosts persimmon export revenues by nearly 16%
Economy12:51
EBRD assesses fiscal reforms in Azerbaijan
Finance12:41
ADB discusses project on e‑commerce taxation in Azerbaijan
Finance12:36
Vahabov: Transportation along Middle Corridor through Azerbaijan grew 90% in 3 years
Foreign policy12:35
Anglo Asian Mining expects annual growth in gold, silver production in Azerbaijan
Business12:32
AZAL, Japanese airlines discuss prospects for cooperation
Infrastructure12:30
Joint cooperation between C6 countries in defense industry proposed
Foreign policy12:28