Baku 17° C
Azerbaijani oil surges nearly $3
Energy
- 21 May, 2022
- 05:44
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $2.63 or 2.2% to $121.62 per barrel, Report informs.
Yesterday, the Brent crude price traded at $112.55 per barrel.
The average oil price in Azerbaijan's state budget for 2022 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
17:27
Cross-sector information sharing key to preventing cyberattacks, official says
ICT
17:22
Azerbaijan joins Makkah Convention on anti-corruption co-op among OIC states
Foreign policy
17:16
European Commission approves €5.4B loan for Hungary under SAFE
Foreign policy
17:05
Central Bank official warns against delays in cyber incident reporting
ICT
17:03
Photo
Azerbaijan, UAE sign military cooperation roadmap for 2027–2029
Military
17:00
Photo
Report Media School welcomes its 22nd group of trainees
Media
16:57
Global crime cannot be fought by single state alone, Iranian ambassador says
Foreign policy
16:56
Azerbaijani banks' net foreign assets rise 22.6% year-on-year
Finance
16:52
Baku meeting yields decisions to strengthen anti-corruption fight, MACC chief commissioner says
Other countries