Baku 30° C
Azerbaijani oil price down
Energy
- 11 August, 2022
- 05:18
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.36 or 2.4% to $96.55 per barrel, Report informs.
On the stock exchanges, October futures for Brent crude are traded at $97.22.
The average oil price in Azerbaijan's state budget for 2022 was set at $85 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
19:22
Turkish FM, UN chief discuss cooperation, regional issues
Region19:02
Photo
Azerbaijani, Kyrgyz trade unions expand cooperation
Foreign policy18:53
Photo
Azerbaijani MPs meet British MP Bob Blackman
Foreign policy18:43
Azerbaijan sharply increases potato imports from Belarus
Business18:35
Israel says ready to implement Lebanon pilot zone agreements
Other countries18:26
Sybiha expects Turkish counterpart in Ukraine as trade deal opens new chapter in ties
Region18:12
Ali Asadov mulls shipbuilding co-op with head of Damen Shipyards Group
Foreign policy17:55
Ukraine's Verkhovna Rada dismisses PM Svyrydenko and her government
Region17:40
Photo