Baku 16° 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
16:02
Katz says strikes on Iran to intensify this week
Other countries15:56
Britain says Iran's actions in Middle East are threat to its interests
Other countries15:24
Azerbaijan increases cotton fabric production by nearly 3%
Industry15:03
EU member states urged to lower gas storage targets due to Iran war
Energy14:51
Azerbaijan increases shoe production by 36%
Industry14:46
Azerbaijan's direct investments in Russian economy grow by nearly 3 times
Finance14:11
Kazakhstan's Turkistan to host OTS summit in May
Region13:47
Guterres: UN cooperates with Board of Peace
Other countries13:26