Azeri oil price decreased below 50 USD a barrel

Baku. 19 August. REPORT.AZ/ Today, the price of the Azerbaijani Azeri LT CIF crude, transported via the ports of Supsa, Batumi and Ceyhan and sold on the world markets, fell by 0,42 USD, or by 0,84%, Report was told in the State Oil Company of Azerbaijan Republic (SOCAR).

According to the information, at the moment the price of "Azeri LT CIF" equal to 49,63 USD per barrel.

At the end of last week the price of Azerbaijani oil was 50,31USD, and yesterday 50,05 USD per barrel.

The minimum price of "Azeri LT CIF" was recorded in December 2001 (19.15 USD), and the maximum value of the brand was registered in July 2008 (149.66 USD).