Baku 25° C
Price of Azerbaijani oil rising
Energy
- 17 May, 2024
- 05:34
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 increased by $0.27, or 0.32%, to $84.21 per barrel, Report informs.
May futures for Brent crude were traded at $83.52 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.
Author
Latest News
17:25
Bahceli: Any actions that could harm Azerbaijan-Türkiye brotherhood must be prevented
Foreign policy
17:25
Uzbekistan toughens penalties for crimes against children
Region
17:19
Zelenskyy arrives in UK for talks with King Charles III, Andy Burnham
Other countries
17:19
Sergey Lavrov arrives in Baku for CICA Summit - UPDATED
Foreign policy
17:17
Israeli President Isaac Herzog arrives in Azerbaijan
Foreign policy
17:08
Armenia, Russia to set up working group on railway operations
Region
16:54
Baku temperatures reach 26°C as October stays warmer than normal
Ecology
16:46
European Commission allocates €2.86 billion to Ukraine under defense loan
Other countries
16:40
Photo
Azerbaijan represented at HOTREC, Hotelstars assemblies in Vilnius
Tourism