Price of Azerbaijani oil exceeds $88.5
Energy
- 25 June, 2024
- 05:11
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.09, or 0.1%, to $88.58 per barrel, Report informs.
August futures for Brent crude were traded at $86.04 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.
Latest News
21:26
Photo
Azerbaijani Defense Industry Minister holds meetings at World Defense Show 2026 in Riyadh
Domestic policy21:24
President: I hope that the project to lay a fiber-optic cable in the Caspian Sea will be completed this year
ICT21:19
Ilham Aliyev: Students of secondary schools should be provided with basic knowledge in digitalization
Domestic policy21:14
Ilham Aliyev: Azerbaijan is working in strategic partnership format with world's leading powerhouses
Foreign policy21:10
Ilham Aliyev: Each state agency should designate a deputy for digitalization, AI, and cybersecurity
Domestic policy21:06
Ilham Aliyev: Over past 20 years, Azerbaijan's generation capacity has almost doubled
Domestic policy21:03
Ilham Aliyev: Over past 20 years, more than $350B have been invested in Azerbaijani economy
Domestic policy20:59
Photo
President Ilham Aliyev chaired meeting dedicated to the unified action plan on "Azerbaijan's New Digital Architecture"
Domestic policy20:53