Azerbaijani oil rises in price

Energy
  • 22 August, 2023
  • 05:31
Azerbaijani oil rises in price

The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $0.41, or 0.46%, to $89.66 per barrel, Report informs.

Brent crude was traded at $84.36 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.