Baku 23° C
Azerbaijani oil price settles above $83
Energy
- 28 August, 2024
- 05:25
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $2.89, or 3.53%, to $83.76 per barrel, Report informs.
October futures for Brent crude were traded at $79.56 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 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
00:00
Azerbaijan's Armed Forces mark 108th anniversary
Military23:59
Video
President Ilham Aliyev's social media accounts feature video dedicated to Azerbaijani Army
Military23:56
President Ilham Aliyev shares post on his social media accounts on Day of Armed Forces
Domestic policy23:43
Macron: US is no longer a neutral party in Russia-Ukraine conflict
Other countries23:38
Iran warns of risks for vessels using unauthorized routes in Strait of Hormuz
Region23:32
US to provide $150 million in earthquake relief aid to Venezuela
Other countries23:21
UN suspends Hormuz evacuation operations after attack on cargo vessel
Other countries23:13
Shahin Baghirov comments on new incentives for importing electric and hybrid vehicles
Business22:55