Azerbaijani oil price settles above $80 

Energy
  • 06 July, 2023
  • 05:42
Azerbaijani oil price settles above $80 

The price of Azerbaijan's Azeri LT CIF oil in the world market went up by $0.85, or 1.07%, to $80.44 per barrel, Report informs.

The Brent crude price was traded at $76.35 per barrel.

The average oil price in Azerbaijan's state budget for 2023 was set at $60 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.