Azerbaijani oil prices increase
The price of Azeri LT CIF Augusta increased by $1.67 amounting to $83.67 per barrel on November 17, Azernews reports.
Moreover, the price of Azeri LT FOB Ceyhan grew by $1.74, as compared to the previous price, and amounted to $81.86 per barrel.
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).
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!