Azerbaijani oil price settles above $80

11:00 | 06.07.2023
Azerbaijani oil price settles above $80

Azerbaijani oil price settles above $80

The price of Azerbaijan's Azeri LT CIF oil in the world market went up by $0.85, or 1.07%, to $80.44 per barrel.

The Brent crude price was traded at $76.35 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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