Baku 31° C
Azerbaijani oil falls below $75 a barrel
Energy
- 21 March, 2023
- 06:37
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $0.65, or 0.86%, to $74.75 per barrel, Report informs.
The Brent crude price traded at $73.79 per barrel.
The average oil price in Azerbaijan's state budget for 2023 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
17:55
Azerbaijan, Uzbekistan mull diversification of economic ties
Business17:50
3 rescued after house wall collapses in northeastern Spain
Other countries17:38
Vatican plans solar and agriculture plant to cover its electricity needs
Other countries17:16
Foreign tourist attacked by bear in Japan
Other countries16:56
36 Azerbaijanis received Ukrainian citizenship this year
Region16:45
Iran lets some Iraqi oil tankers pass through Strait of Hormuz
Other countries16:29
Minister: Azerbaijani bank to sign agreement today to purchase stake in Uzbek bank
Finance16:13
Photo
Azerbaijan, Kazakhstan mull strengthening allied relations
Foreign policy16:08