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Azerbaijani oil price settles above $91
Energy
- 14 January, 2023
- 06:45
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The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $0.63, or 0.7%, to $91.26 per barrel, Report informs.
Yesterday, Brent crude futures traded at $82.1 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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