Price Of Azeri Light Oil Increases


(MENAFN- AzerNews) Nazrin Abdul Read more

The price of one barrel of "Azeri Light" Azerbaijani oil on the world market has risen by $0.53, or 0.59%, reaching $90.35, Azernews reports.

The September futures price for brent crude oil stands at $85.03 per barrel.

In Azerbaijan's state budget for this year, the average price of one barrel of oil was projected to be $75.

It is worth noting that the lowest price ever recorded for "Azeri Light" oil was $15.81 on April 21, 2020, while the highest price reached $149.66 in July 2008.

MENAFN16072024000195011045ID1108443039


AzerNews

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.