The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has increased by $0.2 or 0.24% to $84.83 per barrel, Report informs.
Yesterday, the Brent crude futures traded at $80.1 per barrel.
The average oil price in Azerbaijan’s state budget for 2023 was set at $50 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.
