Baku 7° C
Azerbaijani oil price settles above $99
Energy
- 06 September, 2022
- 06:11
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.53, or 1.57%, to $99.06 per barrel, Report informs.
On the stock exchanges, October futures for Brent crude are traded at $94.88.
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.
Author
Latest News
18:41
At least 18 dead across US following winter storm
Other countries18:18
Photo
TURKPA, Int'l Congress of Parliamentarians discuss co-op prospects
Foreign policy17:57
President approves Digital Public Finance system
Finance17:44
Armenia looks to host Azerbaijani delegation at COP17 in 2026
Region17:34
New President of PACE elected
Other countries17:29
Yusif Abdullayev: Azerbaijan's non-oil exports to Israel rise 27%
Business17:20
Pakistan Room established at Baku State University
Foreign policy17:17
Ban on e-cigarettes approved in Azerbaijan
Domestic policy17:04