Azerbaijani oil price surpasses $100
Azerbaijani oil price has increased on the world markets, News.Az reports.
The price of a barrel of Azeri Light crude oil rose $3.13 to trade at $100.76.
The price of Azerbaijani oil has exceeded $100 for the first time since September 2014.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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.
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