Azerbaijani oil price settles above $91

Energy
  • 01 September, 2023
  • 05:39
Azerbaijani oil price settles above $91

The price of Azerbaijan's Azeri LT CIF oil in the world market rose by $1.57, or 1.75%, to $81.43 per barrel, Report informs.

Brent crude was traded at $87.05 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.