Baku 24° 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
19:05
Photo
Video
President Ilham Aliyev attends event as part of 2nd Azerbaijan International Investment Forum - UPDATED
Foreign policy19:03
Photo
President Ilham Aliyev and First Lady Mehriban Aliyeva watch main race of Formula 1 Azerbaijan Grand Prix - UPDATED
Formula 119:00
Azerbaijan and FAO discuss strengthening climate action
Foreign policy18:52
Jeyhun Bayramov: We remain committed to multilateral system that produces real-world results
Foreign policy18:28
Serbia extends temporary ban on oil, petroleum product exports
Other countries18:11
Azerbaijan, GIP discuss investment in infrastructure
ICT18:02
Isack Hadjar: I'm very happy with podium in Baku
Formula 117:58
Photo
Ilgar Musayev: Azerbaijan's information security sector has entered a new stage of development
ICT17:55