Azeri oil price exceeds $116
Energy
- 03 March, 2022
- 06:15
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $4.2 or 3.75% to $116.1 per barrel, Report informs.
Yesterday, the Brent crude price was $112.93 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.
Latest News
01:10
Six years pass since Armenia's first missile strike on Ganja
Domestic policy00:00
Azerbaijan marks sixth anniversary of Jabrayil's liberation
Domestic policy23:58
Iran prepares new economic plan amid rising pressure
Region23:42
Video
Azerbaijani Embassy joins German Unity Day celebrations in Bremen
Foreign policy23:34
Georgia says it has fulfilled 90% of EU association, DCFTA commitments
Region23:15
Ararat Mirzoyan to visit Tehran for talks with Iranian officials
Region23:09
Photo
Azerbaijani designers showcase collections at Fashion Culture Day in Paris
Cultural policy22:48
Photo
Baku Swimming World Cup ends with new Azerbaijani record by Anastasiya Gnusina
Individual sports21:36