Azerbaijani oil price up nearly 2%

On the stock exchanges, Brent is traded at $93.91

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $1.63, or 1.7%, to $97.49 per barrel, Qazet.az informs.

On the stock exchanges, Brent is traded at $93.91.

The average oil price in Azerbaijan's state budget for 2022 was set at $85 per barrel.

The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.