Azerbaijani oil price drops

10:30 | 15.08.2024
Azerbaijani oil price drops

Azerbaijani oil price drops

The price of Azerbaijan's Azeri LT CIF oil in the world market dropped by $0.38, or 0.4%, to $84.11 per barrel.

October futures for Brent crude were traded at $80.04 per barrel.

The average oil price in Azerbaijan's state budget for 2024 was set at $75 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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