Azerbaijani oil price drops

24 November 2024

Azerbaijani oil price drops slightly

09:35 23 August 2023 Read: 1214

Azerbaijani oil price drops slightly

The price of Azerbaijan's Azeri LT CIF oil in the world market fell by $0.98, or 1.09%, to $88.68 per barrel, AzVision.az reports.

Brent crude was traded at $84.36 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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