Baku 30° C
Azerbaijani oil price rises 1%
Energy
- 26 August, 2022
- 06:17
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.06, or 1%, to $102.58 per barrel, Report informs.
On the stock exchanges, October futures for Brent crude are traded at $99.34.
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.
Author
Latest News
16:03
Azerbaijan's apple exports rise 10% to $38.95 million in 1H26
Business16:02
Power outages hit four Central Asian countries at once – UPDATED
Region15:51
Lu Mei: China ready to strengthen humanitarian exchanges with Azerbaijan
Foreign policy15:37
Photo
Azerbaijan, CITIC Group discuss AI computing platform project in Baku
ICT15:35
Helicopter crashes in German forest, killing pilot
Other countries15:22
Turkmenbashi, Alat ports hold joint maritime information exchange exercise
Infrastructure15:10
EU welcomes progress made one year after Azerbaijan-Armenia Washington agreements - Exclusive
Foreign policy15:01
Azerbaijani ambassador presents copy of credentials to Kazakh deputy FM
Foreign policy14:58