Baku 17° C
Azerbaijani oil price rises nearly $8
Energy
- 18 March, 2022
- 06:20
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $7.53 or 7.21% to $112.01 per barrel, Report informs.
Yesterday, the Brent crude price was $106.64 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
17:53
Azerbaijan's new Chinese-built trains to mainly serve Baku–Gazakh route
Infrastructure
17:49
Baku meeting to strengthen anti-corruption cooperation, official says
Foreign policy
17:39
Adjara's culture minister proposes creating joint youth orchestra with Azerbaijan - Exclusive
Foreign policy
17:27
Cross-sector information sharing key to preventing cyberattacks, official says
ICT
17:22
Azerbaijan joins Makkah Convention on anti-corruption co-op among OIC states
Foreign policy
17:16
European Commission approves €5.4B loan for Hungary under SAFE
Foreign policy
17:05
Central Bank official warns against delays in cyber incident reporting
ICT
17:03
Photo
Azerbaijan, UAE sign military cooperation roadmap for 2027–2029
Military
17:00
Photo
Report Media School welcomes its 22nd group of trainees
Media