Baku 26° C
Azerbaijani oil price drops below $124
Energy
- 25 March, 2022
- 06:35
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.28 or 1.82% to $123.29 per barrel, Report informs.
Yesterday, the Brent crude price was $121.6 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
20:30
MEDIA: Reports circulating on social media about compensation for privatization vouchers are false
Media20:11
US announces start of deployment of Lebanese troops to 3 towns in country's south
Other countries19:51
Photo
Military Police Department delegation of Azerbaijan's MoD visits Türkiye
Military19:41
Italy says Russia expelled military attaché in retaliation
Other countries19:21
Media: Fedorov ready to return only as Ukraine's defense minister
Region18:57
Azerbaijan repatriates 16 citizens from Syria
Foreign policy18:46
Azerbaijan's electric vehicle imports fall by 52% in January-May
Business18:41
Zelenskyy holds intensive talks with Ukraine's military leadership
Other countries18:21