Baku 21° C
Azerbaijani oil price settles above $109
Energy
- 13 April, 2022
- 06:21
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 $6.48 or 6.31% to $109.11 per barrel, Report informs.
Yesterday, the Brent crude price was $98.48 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
17:10
Ireland proposes cutting EU budget by €159 billion
Other countries16:50
Photo
President Ilham Aliyev and Head of Chechen Republic of Russia have lunch together
Foreign policy16:44
Photo
President Ilham Aliyev and Head of Chechen Republic of Russia visited Baku White City
Foreign policy16:42
Khankandi's manufacturing output rises 8.6 times in 2025
Industry16:31
Azerbaijan increases cherry exports by 49% in January-July
Business16:12
Ramzan Kadyrov reiterates condolences over Baku–Grozny aircraft crash
Foreign policy16:03
Photo
President Ilham Aliyev receives Head of Chechen Republic of Russia
Foreign policy15:50
Chelsea extends Cole Palmer's contract until 2034
Football15:32
Photo