Baku 13° C
Azeri Light price nears $100
Energy
- 22 February, 2022
- 06:19
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $1.45 or 1.48% to $99.34 per barrel, Report informs.
Yesterday, the Brent crude price was $92.22 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
15:49
Azerbaijan's emergency situations minister meets Palestinian ambassador
Incident15:37
Azerbaijan supplied 0.5BCM of gas to Syria in 2025
Energy15:36
Azerbaijan lagged behind OPEC+ quota by 91,000 barrels per day in 2025
Energy15:23
Iran says communication lines with US are open
Region15:10
Norwegian Foreign Minister arrives in Kyiv
Other countries15:02
Azerbaijan reduces oil exports by over 5%
Energy14:43
Number of marriages, divorces in Azerbaijan down in 2025
Domestic policy14:33
Azerbaijani Ministry of Finance's return on funds in SOFAZ falls
Finance14:26