Baku 5° C
Azerbaijani oil price up over $6
Energy
- 16 July, 2022
- 06:31
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $6.24 or 5.57% to $118.22 per barrel, Report informs.
Yesterday, the Brent crude price traded at $101.16 per barrel.
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
20:53
Photo
Azerbaijan, Turkmenistan mull increase in maritime cargo transportation
Infrastructure20:32
Photo
Holocaust victims commemorated in Azerbaijan's Red Settlement
Domestic policy20:25
Azerbaijan, Jordan mull prospects for development of bilateral relations
Foreign policy20:06
Photo
Preparations for XIII Global Baku Forum discussed in Baku
Foreign policy19:39
Yerevan, Baku agreed on LNG supplies to Armenia through Azerbaijan
Energy19:28
Photo
Cabinet of Ministers convenes meeting on environmental situation of Caspian Sea, Baku Bay
Ecology19:13
7 Greek football fans killed in tragic traffic accident in Romania
Football18:59
Azerbaijan earned over $900M from fruit and vegetable exports in 2025
AIC18:49