Baku 13° C
Azerbaijani oil slightly drops in price
Energy
- 27 February, 2024
- 05:23
The price of Azerbaijan's Azeri LT CIF oil in the world market dropped by $0.10, or 0.12%, to $86.01 per barrel, Report informs.
Brent crude was traded at $82.52 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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.
Author
Latest News
11:53
Rauf Jabarov: Azerbaijan strengthens public-private partnerships to combat cyber threats
ICT11:45
Rauf Jabarov: Azerbaijan lacks specialists in digital forensics
Domestic policy11:36
Mirjalal Baghirov: 'Cybersecurity is not a distance race'
ICT11:28
Ruslan Khalilov: Some telecom firms in Azerbaijan ready for IPO
Finance11:15
Israel says Hezbollah underground sites destroyed in Lebanon
Other countries11:09
UK won't be involved in US blockade of Strait of Hormuz
Other countries10:59
European leaders welcome Magyar's election victory in Hungary
Other countries10:41
Iran executed at least 1,639 people in 2025, most since 1989: NGOs
Region10:35