Baku 8° C
Azerbaijani oil price settles above $89
Energy
- 29 March, 2024
- 05:02
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.71, or 1.95%, to $89.22 per barrel, Report informs.
May futures for Brent crude were traded at $87 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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.
Author
Latest News
15:54
Gideon Saar: Israel, Azerbaijan are pillars of stability in their regions
Foreign policy15:53
WB may support initiatives for transition to green economy in Azerbaijan
Business15:48
Azerbaijan decides on deportation of foreign nationals from 67 countries in 2025
Domestic policy15:46
UK's crude oil imports from Azerbaijan nearly halve
Energy15:38
Qatar Fund for Development ready to jointly finance energy projects in Turkic region with TIF
Energy15:36
EC launches new investigation into X
Other countries15:20
Azerbaijan's crude oil exports to Greece nearly doubled in 2025
Energy15:11
Indonesia receives Rafale advanced fighter jets from France in major upgrade
Other countries15:04
Photo