Baku 17° C
Azeri Light price drops nearly $1
Energy
- 16 February, 2023
- 05:55
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.98, or 1.12%, to $86.72 per barrel, Report informs.
The Brent crude price traded at $85.38 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
13:22
Amy Carlon says glad to see Karabakh's development firsthand
Karabakh13:19
Alim Bayel: Number of students from Azerbaijan studying at universities in Kazakhstan doubled in one year
Education and science13:11
Juan Alvarez on his first trip to Karabakh: 'Glad to see firsthand pace of region's recovery'
Karabakh13:07
Chilean diplomat: Goal for 2026 - to develop trade relations with Azerbaijan
Foreign policy12:56
Botagoz Bermughanbetova: Kazakhstan expanding cooperation with Azerbaijan in education
Foreign policy12:49
Aukenova: Cardiff University opening access to British education for Central Asian students in Kazakhstan
Education and science12:47
Brazilian ambassador to Azerbaijan: Impressed by pace of Karabakh's recovery
Karabakh12:28
AZAL resuming Baku-Dubai flights
Infrastructure12:25
Photo