TODAY.AZ / Business

Azerbaijani oil prices decrease

09 January 2024 [11:01] - TODAY.AZ

The price of Azeri LT CIF Augusta decreased by $3,12 amounting to $80.33 per barrel on January 9, Azernews reports.

Azerbaijan calculated the average price of one barrel of oil from 60 US dollars for the state budget in 2023.

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). In addition, the average price of Azeri Light was $103.58.

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