Modern.az

Record decline in Azerbaijani oil - 20 dollar decrease

Record decline in Azerbaijani oil - 20 dollar decrease

Economy

Today, 10:00

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 20.24 US dollars.

Modern.az reports that, in the world market, the price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 20.24 US dollars or 14.39 %, amounting to 120.44 US dollars.

In Azerbaijan's state budget for this year, the average price of one barrel of oil was calculated at 65 US dollars.

It should be recalled that the lowest price of "Azeri Light" crude oil was recorded on April 21, 2020 (15.81 US dollars), while its maximum price was recorded in July 2008 (149.66 US dollars).

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