Baku 29° 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.
Author
Latest News
11:47
Mikayil Jabbarov: Azerbaijan is a reliable platform for business and investment
Business11:38
Agreements worth $4.7 billion to be signed at 51st IsDB Annual Meeting
Finance11:33
Mahmudzada: Azerbaijani banks can direct about AZN20 billion into economy
Finance11:32
Photo
Azerbaijan, Tajikistan mull priority areas of economic cooperation
Business11:19
Khalafalla: Islamic finance effective for energy and infrastructure projects
Foreign policy11:18
ITFC: More than $96 billion directed to support trade in OIC countries
Finance11:13
Joint tourism routes to be created between Baku and Shymkent
Tourism11:12
Photo
President Ilham Aliyev receives Member of US House of Representatives
Foreign policy11:10
Photo