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Azerbaijani Oil Prices Rise
(MENAFN- AzerNews)
The price of Azerbaijani oil has increased on the world market,
Azernews reports.
The price of Azerbaijan's Azeri LT CIF oil in the world market increased by $0.39, to $84.33 per barrel.
August futures for Brent crude were traded at $82.62 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $60 per barrel.
It should be noted that the lowest price of "Azeri Light" oil was recorded on April 21, 2020 (US$15.81), and the maximum price was recorded in July 2008 (US$149.66).
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