Azerbaijani oil drops on world

27 December 2024

Azerbaijani oil drops on world markets

09:55 23 June 2023 Read: 500

Azerbaijani oil drops on world markets

The price of Azerbaijan's Azeri LT CIF oil in the world market went down by $2.55, or 3.18%, to $77.73 per barrel, AzVision.az reports.

The Brent crude price was traded at $74.14 per barrel.

The average oil price in Azerbaijan's state budget for 2023 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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