Baku 8° 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
18:07
Photo
Azerbaijan discusses transport cooperation with Mastercard
Infrastructure18:04
Orkhan Zeynalov: Igdir–Nakhchivan gas pipeline creates opportunities for reverse gas flow
Energy17:50
Azerbaijan's Central Bank, Mastercard discuss expanding financial inclusion
Finance17:34
Expanding opportunities for teaching Ukrainian in Azerbaijan discussed in Baku
Foreign policy17:05
Photo
Conference on India's repressive policy toward Sikhs concludes in Baku – UPDATED
Foreign policy17:00
Mossad director visits US for Iran consultations
Other countries17:00
Georgia's external debt increased by 8% in 2025
Finance16:54
Azerbaijan resumes pesticide imports from Tunisia
Business16:38