Baku 9° C
Azeri Light oil price falls to $81
Energy
- 15 March, 2023
- 06:13
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.19, or 2.62%, to $81.41 per barrel, Report informs.
The Brent crude price traded at $77.45 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
21:04
Thomas Preinl says Baku has strong tourism potential
Foreign policy20:44
Mirzoyan: Armenia aims to establish mutually beneficial cooperation with Azerbaijan
Region20:35
Hakan Fidan discusses regional tensions with counterparts from China and three other countries
Foreign policy20:19
Harry Mitsidis: Scale of reconstruction work in Karabakh is astonishing
Foreign policy20:01
Prime Ministers of Kazakhstan and Russia discuss Caspian Sea protection
Ecology19:50
Ukrainian MP: Country must be ready for all scenarios
Other countries19:42
Azerbaijan increases tea exports and reduces imports
Business19:31
Conor McGregor confirms return
Individual sports19:24