Baku 26° C
Azerbaijani oil price settles above $106
Energy
- 25 February, 2022
- 06:26
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $5.42 or 5.38% to $106.22 per barrel, Report informs.
Yesterday, the Brent crude price was $101.46 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
18:46
Sumgayit Industrial Park to launch $18.5M food packaging project
Industry18:30
FT: AI companies spend record sums on lobbying in Washington
ICT18:15
Photo
Baku hosts opening ceremony of U17 World Wrestling Championships
Individual sports18:11
Romania recalls ambassador to Russia after drone incident
Other countries17:56
Azerbaijan finds no signs of major animal diseases in wildlife monitoring
Health17:32
Baku to host Black and Caspian Freight Forum 2026
Infrastructure17:12
At least 30 killed in village attack in Nigeria's Kaduna state, residents say
Other countries17:07
MEDIA: Activities of Iran's Sahar TV, Mehr deemed illegal in Azerbaijan
Media16:58