Azərbaycanca 
По-русски 
English 
About us
Azerbaijani oil has slightly decreased in price
Be the first to know
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market decreased by $0.41 or 0.35% - to $115.52.
As BAKU.WS reports, Report was informed by a source on the oil market.
At the close of trading, the price of July Brent crude oil futures was $111.2.
The price of Azerbaijani oil at Turkey's Ceyhan port under FOB terms decreased by $0.31 or 0.27% - to $112.99 per barrel.
In Azerbaijan's state budget for this year, the oil price is set at $65.
It should be recalled that the minimum price for Azeri Light crude was recorded on April 21, 2020 ($15.81), and the maximum - in July 2008 ($149.66).
In Azerbaijan, Azeri Light crude oil is produced under the agreement for the development of the Azeri-Chirag-Gunashli (ACG) block of fields. The share of the State Oil Company (SOCAR) in the contract is 31.65%.
Similar News
In Azerbaijan, the living wage will be increased to 314 manats by 2027
In Azerbaijan's budget for 2027, the subsistence minimum and the need criterion are set at 314 manats - 14 manats higher than the current figure. As reported by...
