Baku 12° C
Price of Azerbaijani oil price exceeds $85
Energy
- 16 August, 2024
- 05:56
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.43, or 1.7%, to $85.54 per barrel, Report informs.
October futures for Brent crude were traded at $80.76 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.
Author
Latest News
23:14
Lavrov, Rubio discuss international issues in phone call
Region23:03
Photo
Death toll from Russian strikes on Ukraine's Zaporizhzhia rises to 12
Other countries22:58
Ilham Aliyev: Azerbaijan is reliable partner for EU in terms of energy security
Domestic policy22:39
Zelenskyy says Russian strike on Kramatorsk killed 5 people
Other countries22:28
Video
Mehriban Aliyeva shares footage from visit to exhibitions in Baku
Domestic policy22:14
Chad's army says 23 personnel killed in Boko Haram attack
Other countries21:56
Fariz Rzayev says Baku-Warsaw political dialogue shows steady momentum
Foreign policy21:51
Poland aims to strengthen political, economic ties with Azerbaijan, ambassador says
Foreign policy21:39