Baku 12° C
Azerbaijani oil price drops below $79
Energy
- 05 June, 2024
- 05:34
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.77, or 1%, to $78.48 per barrel, Report informs.
July futures for Brent crude were traded at $77.53 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
22:15
Paid services in Azerbaijan rise nearly 9%
Business21:44
Azerbaijan's public catering turnover up nearly 4%
Finance21:21
Consumer market in Azerbaijan expands by nearly 5%
Business21:04
Putin: Theaters in Baku and Derbent are bridges between cultures
Region20:52
UK allocates over €115 million for Ukrainian air defense
Other countries20:44
Iran's MFA: Six Iranian diplomats killed in Israeli attack on Lebanon
Region20:33
Azerbaijan bolsters role as regional aviation hub with National Airspace Strategy
Infrastructure20:21
Defense Ministry: UAE air defenses intercept 6 ballistic missiles
Other countries20:12