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Price of Azerbaijani oil drops below $89
Energy
- 17 July, 2024
- 05:34
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.84, or 0.94%, to $88.59 per barrel, Report informs.
September futures for Brent crude were traded at $83.70 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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