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Price of Azerbaijani oil drops below $87
Energy
- 23 July, 2024
- 07:48
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The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $2.12, or 2.4%, to $86.34 per barrel, Report informs.
September futures for Brent crude were traded at $82.41 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 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.
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