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Azerbaijani oil price settles above $109
Energy
- 13 April, 2022
- 06:21
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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.
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