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Azerbaijani oil price settles above $90
Energy
- 02 December, 2022
- 05:31
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The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market increased by $2.56, or 2.9%, to $90.38 per barrel, Report informs.
The Brent crude price traded at $86.98 per barrel.
The average oil price in Azerbaijan's state budget for 2022 was set at $85 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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