Baku 21° C
Azerbaijani oil price settles above $117
Energy
- 14 May, 2022
- 05:24
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 $3.27 or 2.87% to $117.25 per barrel, Report informs.
Yesterday, the Brent crude price traded at $106.13 per barrel.
The average oil price in Azerbaijan’s state budget for 2022 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
12:18
Photo
Final stage of III International Khankandi Ultramarathon completed
Individual sports12:04
Japan-UK-Italy venture to open fighter development center in Japan in 2027
Other countries11:45
NYT: US offers Russia economic incentives for limited ceasefire
Other countries11:17
Fifth Turkic World Dialogues panel to be held in Northern Cyprus
Region11:04
King Khalid International Airport attack leaves 12 dead, 309 injured
Other countries10:42
Earth hit by strongest magnetic storm since July
Ecology10:32
US taps strategic oil reserve after Gulf of Mexico hurricane disruptions
Other countries10:26
Euronews: Ushangi Kokauri had chance to claim biggest win of his career
Media10:12
Photo