Baku 19° C
Azerbaijani oil price drops
Energy
- 01 April, 2022
- 06:40
Add Report.az to preferred Google sources
Stay up to date with the top news!
The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $4.82 or 4.11% to $112.33 per barrel, Report informs.
Yesterday, the Brent crude price was $111.44 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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
19:39
Pashinyan: Armenia–Azerbaijan peace opens new opportunities for South Caucasus
Foreign policy
19:12
Armenia could apply for EU membership next year, Pashinyan says
Region
18:51
Ilham Aliyev sends congratulations to Bulgaria's president-elect
Foreign policy
18:43
US Assistant Secretary Paul Kapur visits Turkmenistan
Other countries
18:13
Norway allocates $107.6 million for investment in Ukraine
Other countries
18:09
Zelenskyy: Abu Dhabi talks could pave the way for Ukraine-US-Russia summit
Other countries
18:05
Photo
Azerbaijani, Turkmen trade unions discuss closer cooperation
Domestic policy
17:56
Photo
Bucharest hosts reception marking Azerbaijan's Victory Day
Foreign policy
17:55
Azerbaijan–Italy trade grows in January–September
Business