Baku 27° C
Azerbaijani oil price settles above $85
Energy
- 20 January, 2024
- 05:24
The price of Azerbaijan's Azeri LT CIF oil in the world market has risen by $0.61, or 0.72%, to $85.05 per barrel, Report informs.
Brent crude was traded at $78.56 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.
Author
Latest News
13:47
Azerbaijan to introduce new tourism subsidy mechanisms
Tourism13:33
Photo
SOCAR signs MoU with Technip Energies Italy
Energy13:24
Azerbaijan prepares new draft law on tourism
Tourism13:18
Azerbaijan's tourism revenue up 38% on average over three years
Tourism13:06
WB: Azerbaijan holds major tourism investment opportunities – EXCLUSIVE
Tourism12:51
Photo
Jabbarov: Azerbaijan committed to safeguarding global financial system integrity
Business12:40
Ebola deaths in DR Congo reach 600
Other countries12:33
Azerbaijan's two ministries discuss cooperation in cybersecurity
Military12:26