Baku 7° C
Azerbaijani oil price rises about 1%
Energy
- 17 February, 2023
- 05:41
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.76, or 0.88%, to $87.48 per barrel, Report informs.
The Brent crude price traded at $85.14 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
14:12
ASCO's Qafur Mammadov vessel undergoes major overhaul
Infrastructure14:05
Azerbaijan's trade surplus rises sharply excluding gold imports
Business13:52
Milli Majlis adopts appeal on World Azerbaijanis Solidarity Day
Milli Majlis13:45
Parliament approves changes to demining rules in Shusha
Milli Majlis13:42
Emergency signal from Azerbaijani and Turkish tankers detected off Istanbul coast
Foreign policy13:30
Milli Majlis congratulates President Ilham Aliyev on World Azerbaijanis Solidarity Day
Milli Majlis13:21
Azerbaijan intends to seek higher credit ratings despite upgrades
Finance13:12
Egyptian Ambassador: There is great potential for cooperation between our countries - INTERVIEW
Foreign policy13:09