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
15:03
Hurricane Isaias leaves more than 860,000 people without power in US
Other countries15:03
Shehbaz Sharif requests Azerbaijan's support in applying ASAN Khidmet model in Pakistan's regions
Foreign policy14:58
Türkiye plans to require ID for cigarette purchases
Region14:40
Ushangi Kokauri reaches World Judo Championships semi-finals in Baku
Individual sports14:35
Shehbaz Sharif makes phone call to Ilham Aliyev
Foreign policy14:30
Moldovan ambassador praises reconstruction efforts in Karabakh
Karabakh14:17
Jamal Gamzatkhanov advances to quarterfinals at world judo championships
Individual sports14:15
Photo
Third stage of Khankandi Ultramarathon concludes
Individual sports14:05