Azerbaijani oil fell to 111 dollars

Azerbaijani oil fell to 111 dollars

The price of 1 barrel of “Azeri Light” branded Azerbaijani oil on the world market 1,08 US dollars, or 0,96 % decreasing 111,24 It was US dollars.

About it “Report“a source in the oil market informed.

Brent oil October futures at auctions 99,46 Sold from US dollars.

The average price of a barrel of oil in this year’s state budget of Azerbaijan 85 The US dollar was taken.

It should be noted that the lowest price of “Azeri Light” oil was on April 21, 2020 (15,81 USD), and the maximum price in July 2008 (149,66 USD) was recorded. In Azerbaijan, oil is mainly produced within the framework of the agreement on the development of the “Azeri-Chirag-Gunashli” (ACG) field block. The share of the State Oil Company of Azerbaijan (SOCAR) in the agreement 25 %-dir.

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