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Price of Azerbaijani oil exceeds $88
Energy
- 22 June, 2024
- 08:06
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The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.50, or 0.57%, to $88.49 per barrel, Report informs.
August futures for Brent crude were traded at $85.24 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $60 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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