Modern.az

Azerbaijani oil fell to $118

Azerbaijani oil fell to $118

Economy

Today, 09:44

The price of one barrel of Azerbaijani "Azeri Light" oil decreased by 1.12 US dollars.

Modern.az reports that the price of one barrel of Azerbaijani "Azeri Light" oil in the world market decreased by 1.12 US dollars or 0.93% to 118.56 US dollars.

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

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

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