Azerbaijani oil price falls below $88 a barrel

The price of Azerbaijan's Azeri LT CIF oil in the world market fell by $1.03, or 1.16%, to $87.65 per barrel.

Brent crude was traded at $82.99 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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