Azerbaijani oil price surpasses $88 per barrel
Energy
- 26 August, 2023
- 06:21
The price of Azerbaijan's Azeri LT CIF oil in the world market fell by $1.2, or 1.37%, to $88.56 per barrel, Report informs.
Brent crude was traded at $83.36 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $60 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.
Latest News
16:00
Azerkhalcha: Azerbaijani carpets to be showcased at WUF13 in Baku - EXCLUSIVE
Industry15:55
BP transferred 1BCM of associated gas to SOCAR in 1Q26
Energy15:48
Hikmet Hajiyev says new status quo is emerging in Caucasus
Foreign policy15:38
BP completes 2D seismic survey at ADUA block
Energy15:36
Hikmet Hajiyev: Azerbaijan built friendly ties with all neighbors, including Armenia
Foreign policy15:28
Photo
Nine Senses From Roots to Growth festival to be held in Baku
Culture15:26
Azerbaijan finishes President Cup 2026 international regatta with nine medals
Individual sports15:16
UN to be represented by around 20 high-level reps at WUF13 in Baku
Karabakh15:16