Baku 12° C
Azerbaijani oil slightly rises in price
Energy
- 16 May, 2023
- 05:21
The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $0.14, or 0.18%, to $78.18 per barrel, Report informs.
The Brent crude price traded at $75.23 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $50 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
23:15
Iran insists on Pakistan venue for talks with US
Foreign policy23:03
UN boosts humanitarian aid for Iran with $12M
Other countries22:50
Erdogan invites Canada PM to NATO, COP31 summits
Region22:37
China to send 58 tonnes of medical aid to Iran
Region22:23
Paris hosts exhibition dedicated to Azerbaijan
Cultural policy21:58
Italy pledges 30M euros in aid to war-hit Sudan
Other countries21:48
NATO secretary general promises $60B in NATO military aid for Ukraine
Other countries21:32
Photo
Gafarova: WUF13 reflects trust in Azerbaijan's ability to unite efforts
Foreign policy21:08