Baku 12° C
Azerbaijani oil price slightly increases
Energy
- 19 February, 2022
- 06:17
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.21 or 0.22% to $97.89 per barrel, Report informs.
Yesterday, the Brent crude price was $93.54 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
09:11
Key indicators of world commodity, stock, and currency markets (16.04.2026)
Finance08:55
Dollar hangs near six-week lows as investors bet on Iran peace deal
Economy23:56
Norway and Netherlands ramp up drone funding for Ukraine
Other countries23:51
UK disburses final tranche to Ukraine via G7 revenue acceleration plan
Other countries23:37
Pentagon steps up planning for possible Cuba operations
Other countries23:15
Iran insists on Pakistan venue for talks with US
Foreign policy23:03
UN boosts humanitarian aid for Iran with $12M
Other countries22:50
Erdogan invites Canada PM to NATO, COP31 summits
Region22:37