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Azerbaijani oil prices increase

21 October 2023 12:55 (UTC+04:00)
Azerbaijani oil prices increase

The price of Azeri LT CIF Augusta increased by $1.72 amounting to $97.68 per barrel on October 21, 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).

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