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Azerbaijani oil price settles below $87 a barrel
Energy
- 29 February, 2024
- 05:20
The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $0.48, or 0.56%, to $86.61 per barrel, Report informs.
Brent crude was traded at $83.54 per barrel.
The average oil price in Azerbaijan's state budget for 2024 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.
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