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Azerbaijani oil price nears $79
Energy
- 27 May, 2023
- 05:50
The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $0.51, or 0.65%, to $78.98 per barrel, Report informs.
The Brent crude price traded at $77.12 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.
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