Azerbaijani oil price drops $3

13:30 | 19.10.2022
Azerbaijani oil price drops $3

Azerbaijani oil price drops $3

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $3, or 3.18%, to $91.44 per barrel.

Yesterday, the Brent crude price traded at $90.50 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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