Baku 21° C
Azerbaijani oil price settles above $87
Energy
- 12 January, 2023
- 05:34
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 $2.69 or 3.17% to $87.52 per barrel, Report informs.
Yesterday, the Brent crude futures traded at $87.62 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
11:01
AI helps detect 18 diseases and pests affecting 8 fruit types in Azerbaijan
AIC
10:57
Anglo Asian Mining gold output virtually flat in Q3 2026 at 6,781 ounces
Industry
10:55
Azerbaijan's natural gas output reached almost 38 bcm in nine months
Energy
10:53
Photo
Azerbaijan's State Migration Service, IOM mull expanding co-op
Other
10:50
17 students killed as school roof collapses in Pakistan
Other countries
10:37
Anglo Asian Mining more than doubles its copper production in 3Q26
Industry
10:37
Azerbaijani, Chinese FMs discuss regional security - UPDATED
Foreign policy
10:23
Photo
Azerbaijan, Italy hold search, rescue meeting in Baku
Military
10:22
Anglo Asian Mining increases silver production in Azerbaijan by nearly 30%
Industry