Azerbaijani oil price approaches $76 in global markets
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The price of Azerbaijan's Azeri LT CIF oil in the global markets rose by $0.42, or 0.56%, reaching $75.91 per barrel.
February futures for Brent crude were trading at $72.54 per barrel, News.Az reports.The average oil price set in Azerbaijan's state budget for 2024 is $75 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020, at $15.81, while its all-time high of $149.66 was reached in July 2008.
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