Baku 16° C
Azerbaijani oil price drops
Energy
- 02 June, 2022
- 05:42
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $1.55 or 1.2% to $125.93 per barrel, Report informs.
Yesterday, the Brent crude price traded at $114.16 per barrel.
The average oil price in Azerbaijan''s state budget for 2022 was set at $50 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
10:06
Key indicators of world commodity, stock, and currency markets (30.10.2026)
Finance
09:58
Five countries express interest in adopting Azerbaijan's ASAN model
Domestic policy
09:53
Baku to crown FIFA U-15 World Cup and Festival winner
Football
09:51
Brent grows 2.53%
Energy
09:43
WSJ: CENTCOM chief briefs Trump on Iran military options
Other countries
09:43
Azeri Light crude sells for $122.28 per barrel
Energy
09:39
China plans flight test of reusable spacecraft in 2027
Other countries
09:39
Binance estimates losses at $6.3B following 'security incident'
Finance
09:26
Likud wins most seats in Israeli election, but neither bloc secures majority
Other countries