Baku 2° C
Azerbaijani oil price settles above $87
Energy
- 16 February, 2024
- 05:29
The price of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.56, or 0.65%, to $87.51 per barrel, Report informs.
Brent crude was traded at $87.75 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $60 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.
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