Baku 30° C
Azerbaijani oil price falls to $102
Energy
- 04 August, 2022
- 06:17
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $2.38 or 2.3% to $102.19 per barrel, Report informs.
Yesterday, the Brent crude price traded at $97.03 per barrel.
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
16:28
Von der Leyen to be awarded Ukrainian Order of Europe in Kyiv
Other countries16:26
China's DeepSeek to raise fresh capital at $74B valuation ahead of onshore IPO
ICT16:18
Real Madrid rejects Chelsea's €25M bid for Álvaro Carreras
Football16:10
Bahrain says Iranian strikes intercepted
Other countries16:04
Photo
Azerbaijan, Slovakia mull combating digital fraud
Finance15:57
Photo
Azerbaijan, Slovakia sign MoU on standards, metrology
Business15:41
Photo
Azerbaijan PM meets Slovak president to discuss stronger ties
Foreign policy15:32
MFA urges Azerbaijani citizens to refrain from travelling to armed conflict zones
Foreign policy15:27