Azerbaijani oil price falls on world

25 November 2024

Azerbaijani oil price falls on world markets

10:16 10 May 2022 Read: 708

Azerbaijani oil price falls on world markets

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has decreased by $7.49 or 6.29% to $111.55 per barrel, AzVision.az reports.

Yesterday, the Brent crude price traded at $112.39 per barrel.

The average oil price in Azerbaijan''s state budget for 2022 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.

More about: AzeriLT

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