Price of Azerbaijani oil nears $90
Energy
- 11 July, 2024
- 07:17
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.95, or 1.07%, to $89.84 per barrel, Report informs.
September futures for Brent crude were traded at $85.74 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.
Latest News
13:21
Freight transit through Azerbaijan reaches five-year high
Infrastructure
13:19
Director general: Baku seismic assessment to be completed in February 2027
Education and science
13:09
AAA-rated assets account for nearly 27% of SOFAZ portfolio
Finance
13:05
Archil Sikharulidze: Friendship between Azerbaijan, Georgia should continue to develop
Foreign policy
13:04
Kazakhstan's Kurultai speaker calls for stronger interparliamentary ties with Azerbaijan
Foreign policy
12:59
Mandatory requirements for high-risk AI systems in EU postponed until end of 2027
ICT
12:54
Azerbaijan to grant residence permits to foreign agronomists, veterinarians
Milli Majlis
12:54
Deployment of AI by state structures without prior risk analysis can lead to massive data breaches, expert says
ICT
12:53
More than 690 people attend mine safety awareness events in liberated territories
Domestic policy