Baku 5° C
Azerbaijani oil price keeps declining
Energy
- 20 May, 2023
- 05:16
The price of Azerbaijan's Azeri LT CIF oil in the world market decreased by $0.15, or 0.19%, to $78.81 per barrel, Report informs.
The Brent crude price traded at $75.58 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
17:51
Azerbaijan's traffic police issue advisory to drivers planning trips to mountainous districts
Incident17:43
Zelenskyy says significant developments possible before New Year
Other countries17:29
China connects world's largest offshore solar power plant to national grid
Other countries17:11
Winterstorm leaves over 160,000 households without power in Finland
Other countries17:00
Bayraktar KIZILELMA fighter drone completes successful test flight
Region16:16
World's first 6-ton tiltrotor aircraft completes maiden flight in China
Other countries15:51
Photo
World Azerbaijanis' Solidarity Day marked in Cairo
Diaspora15:21
Latvia withdraws from convention banning anti-personnel mines
Other countries15:02