Azerbaijani Oil Price Slides Down
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, February 1. The price of
Azerbaijani Azeri Light crude oil in global market decreased by
$0.32 (0.4 percent), finding its place at $78.52 per barrel,
Trend reports.
The price of February futures for brent crude oil was
$77.05.
The average price of a barrel of oil in the state budget of
Azerbaijan for 2025 is set at $70.
To note, the lowest price for Azeri Light oil was recorded on
April 21, 2020 ($15.81), and the maximum was in July 2008
($149.66).
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