Baku 11° C
Azerbaijani oil price settles above $98
Energy
- 11 February, 2022
- 06:33
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.77 or 0.79% to $98.23 per barrel, Report informs.
Brent crude is currently trading at $91.03 a barrel.
The average oil price was set at $50 a barrel in the state budget of Azerbaijan for 2022.
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
00:19
Azerbaijan marks 34th anniversary of Aghdaban massacre
Domestic policy23:55
Madagascar declares state of emergency over energy situation due to Iran war
Other countries23:50
Iran condemns Trump's threat to destroy Iranian civilization
Region23:37
Azerbaijan beach soccer team beats Moldova in second friendly
Football23:29
Photo
TÜRKPA Economic Cooperation Commission holds 13th meeting in Baku
Foreign policy23:17
Trump will pursue stability with China's Xi in May meeting, USTR Greer says
Foreign policy23:10
Bahrain says UN Security Council failed to act after Hormuz resolution veto
Other countries23:04
EIA projects Azerbaijan's 2027 daily oil output at 540,000 barrels
Energy23:01