Azerbaijani Oil Prices Increase

(MENAFN- AzerNews)
Azerbaijani Oil Prices Increase Image
Fatime Letifova Read more

The price of Azeri LT CIF Augusta increased by $0.61, amountingto $83.94 per barrel on May 15, Azernews reports.

It should be noted that in 2022, the average selling price ofone barrel of "Azeri Light" (CIF) brand oil was 103.58 US dollars year, "Azeri Light" (CIF) oil increased in price by 44.6%compared to the indicator of 2021. The lowest price of "AzeriLight" oil was recorded on April 21, 2020 (US$15.81), and themaximum price was recorded in July 2008 (US$149.66).

In this year's state budget for Azerbaijan, the average price ofone barrel of oil was calculated at 60 US dollars.



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