Baku 31° C
Azerbaijani oil price settles below $80
Energy
- 21 August, 2024
- 05:42
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $3.10, or 3.76%, to $79.35 per barrel, Report informs.
October futures for Brent crude were traded at $77.2 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 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
16:15
World Cup 2026: Netherlands and Germany prepare for next matches
Football16:00
Kazakhstan strengthens border control to prevent fuel shortages
Energy15:44
Sugar production in Azerbaijan rises 44% in first five months of 2026
Industry15:38
UKMTO advises ships in Hormuz to use southern route
Other countries15:25
Ubisoft co-founder killed in plane crash in France
Other countries15:15
Photo
MMA fighter Rafael Fiziev arrives in Azerbaijan Ahead of UFC Fight Night Baku
Individual sports14:59
Azerbaijan, Uzbekistan discuss strategic partnership
Foreign policy14:50
Taghiyev: Oil premieres in Rome
Art14:41