Baku 6° C
Azerbaijani oil price up 3%
Energy
- 12 August, 2022
- 04:51
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $3.21 or 3.3% to $99.76 per barrel, Report informs.
On the stock exchanges, October futures for Brent crude are traded at $99.76.
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.
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