Azerbaijani oil price rises nearly 2%

  15 October 2022    Read: 803
Azerbaijani oil price rises nearly 2%

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $1.84, or 1.88%, to $96.14 per barrel, AzVision.az reports. 

Yesterday, the Brent crude price traded at $91.63 per barrel.

The average oil price in Azerbaijan's state budget for 2022 was set at $85 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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