Price of Azerbaijani oil exceeds $90

Economy 09:30 02.07.2024

The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $1.41, or 1.59%, to $90.06 per barrel, Ednews informs.

August futures for Brent crude were traded at $86.83 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.

Euronews broadcast interview with President Ilham Aliyev - VIDEO

News line

Turkish President and Pakistani Prime Minister to participate in COP29
Turkish President and Pakistani Prime Minister to participate in COP29
11:00 04.07.2024
MFA: Traditional relations between Azerbaijan, China have grown dynamically
10:50 04.07.2024
Informal dinner hosted by President of Kazakhstan in honor of heads of delegations
10:30 04.07.2024
Venezuela, U.S. agree to work together, maintain respectful communications
10:20 04.07.2024
Blinken, Saudi FM discuss Gaza ceasefire
10:15 04.07.2024
Price of Azerbaijan oil decreased
10:05 04.07.2024
Biden allegedly assures governors he got a medical checkup
Biden allegedly assures governors he got a medical checkup
10:00 04.07.2024
CNN: Israel, Hamas close to signing ceasefire deal
09:45 04.07.2024
Ilham Aliyev expresses gratitude to Kazakh President for support of process between Azerbaijan and Armenia
09:29 04.07.2024
CIS countries to prepare draft concept of military cooperation
21:39 03.07.2024
Pashinyan discusses Armenia-Azerbaijan normalization process with US
21:00 03.07.2024
ING updates economic growth forecast in Azerbaijan for 2024-2025
ING updates economic growth forecast in Azerbaijan for 2024-2025
20:30 03.07.2024
NATO members agree €40B financial pledge for Ukraine
NATO members agree €40B financial pledge for Ukraine
20:00 03.07.2024
Ryabkov: US allowing Ukraine to hit Crimea may expand conflict
19:45 03.07.2024
Armenian PM meets with US Congressional delegation
Armenian PM meets with US Congressional delegation
19:24 03.07.2024
Russia threatens Finland with military response
19:00 03.07.2024
Russia: West is dragging out war in Ukraine
Russia: West is dragging out war in Ukraine
18:30 03.07.2024
MFA: US seeks to tear Yerevan and Baku away from Russia
MFA: US seeks to tear Yerevan and Baku away from Russia
18:03 03.07.2024
ING estimates drop in inflation in Azerbaijan this year
ING estimates drop in inflation in Azerbaijan this year
17:41 03.07.2024
Russia and Armenia are allies, says deputy PM
17:20 03.07.2024
Azerbaijan Defense Minister attends events in Belarus
17:03 03.07.2024
Azerbaijan’s MFA congratulates Belarus
Azerbaijan’s MFA congratulates Belarus
17:00 03.07.2024
Georgian FM optimistic about Baku-Yerevan peace process
16:30 03.07.2024
Armenia, US discuss building new NPP
Armenia, US discuss building new NPP
16:02 03.07.2024
Azerbaijani and Kazakh Presidents held meeting in Astana
15:48 03.07.2024
Turkish Army neutralizes six terrorists in Iraq
Turkish Army neutralizes six terrorists in Iraq
15:45 03.07.2024
Azerbaijan weather forecast for July 4
15:39 03.07.2024
Putin: Trade turnover between Russia and Azerbaijan increased by 13%
Putin: Trade turnover between Russia and Azerbaijan increased by 13%
15:35 03.07.2024
Armenian FM: Signing of Baku-Yerevan peace agreement will be historic event
Armenian FM: Signing of Baku-Yerevan peace agreement will be historic event
15:30 03.07.2024
TRNC president to visit Azerbaijan on July 4
TRNC president to visit Azerbaijan on July 4
15:12 03.07.2024
Meeting between Presidents of Azerbaijan and Kazakhstan starts in Astana
15:06 03.07.2024
Mukhtar Babayev meets with Forest Economy Minister of Congo
15:00 03.07.2024
Putin and Erdogan to discuss Syria in Astana
Putin and Erdogan to discuss Syria in Astana
14:47 03.07.2024
Kremlin: Putin, Trump not talking Ukraine peace
14:33 03.07.2024
Italy plans €20B tank order from Germany's Rheinmetall, Handelsblatt writes
14:15 03.07.2024
Azerbaijani President Ilham Aliyev’s meeting with Russian President Vladimir Putin commences in Astana
14:11 03.07.2024
Ilham Aliyev congratulates President of Belarus
14:00 03.07.2024
A meeting between Ilham Aliyev and Putin is being held - LIVE
13:49 03.07.2024
Russia, China, Kazakhstan ink deal on creation of single digital corridor
13:45 03.07.2024
Erdogan leaves for Kazakhstan to participate in SCO Summit
Erdogan leaves for Kazakhstan to participate in SCO Summit
13:29 03.07.2024
Hamısı