Azerbaijani oil price nears $95

Economy 15:26 13.04.2024

The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.77, or 1.9%, to $94.73 per barrel, Ednews informs.

May futures for Brent crude were traded at $90.45 per barrel.

The average oil price in Azerbaijan's state budget for 2024 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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