Azerbaijani oil price slightly increases
ECONOMICS 09 May 2024 - 13:11
The price of one barrel of Azerbaijan’s Azeri Light oil on the world market increased by $0.66, or 0.8 per cent, to $85.21.
Following the trading, the price of Brent oil July futures reached $83.92, a source in the oil market told Report.
The oil price is set at $60 in the Azerbaijani state budget for this year.
The minimum price for Azeri Light oil was observed on April 21, 2020 ($15.81), while the maximum price - in July 2008 ($149.66).
Oil is produced in Azerbaijan mainly within the agreement on the development of the Azeri-Chirag-Gunashli (ACG) block of fields. The share of the State Oil Company of the Azerbaijan Republic (SOCAR) in the contract is 25 per cent.
Caliber.Az
|
1
|
700 tunnel shafts found in Rafah, 50 cross into Egypt Israel informs South Africa at UN top court
17 May 2024 - 15:56
|
|
2
|
Uncertainty over Russian border guard withdrawal from Armenia Amid conflicting statements
18 May 2024 - 14:47
|
|
3
|
New Caledonia crisis mirrors Macron's hypocrisy on Azerbaijan France faces its own crisis
17 May 2024 - 17:20
|
|
4
|
Giant meteor seen lighting up skies of Portugal
19 May 2024 - 13:11
|
|
5
|
Iranian president's helicopter makes hard landing on border with Azerbaijan
19 May 2024 - 17:25
|
Taiwan's new president takes office amid rising constraint with China
20 May 2024 - 11:18
Netanyahu said to reject negotiators’ bid to formulate new hostage deal proposal
20 May 2024 - 11:06
President Aliyev offers condolences to Iran's Supreme Leader
20 May 2024 - 10:57
Dominican Republic's Abinader sails to second term, pledges unity
20 May 2024 - 10:54
Azerbaijan extends condolences to Iran over tragic helicopter crash
20 May 2024 - 10:50
China bans some US firms from import, export activities
20 May 2024 - 10:42
Iran's Cabinet expresses condolences over death of President Raisi in chopper crash
20 May 2024 - 10:30
Iran's first VP to take over as acting president until election
20 May 2024 - 10:18
New Caledonia: Macron calls new security meeting as deadly unrest grinds on
20 May 2024 - 10:06
Minister: Slovak PM assassination attempt suspect may not be "lone wolf"
20 May 2024 - 09:54
Media: Israel denies involvement in Raisi's helicopter crash
20 May 2024 - 09:42
Biden pushing for two-state solution for Israel, Palestine
20 May 2024 - 09:31
Iranian president and his delegation die in helicopter crash
20 May 2024 - 09:20
The significance of Azerbaijani-Iran relations through hydropower collaboration
A new look at all-out ties20 May 2024 - 09:16
Finland may open its border with Russia after relevant law is passed — PM
20 May 2024 - 09:13
The China-Pakistan axis and Indian Ocean geopolitics
Article by Geopolitical Monitor20 May 2024 - 09:00
The Baykar effect in Turkish military praxis and statecraft
Analysis by Anadolu Agency20 May 2024 - 08:04
Assad officials face landmark Paris trial over killing of student and father
20 May 2024 - 06:00
What von der Leyen’s campaign tour says about her priorities
Review by Euractiv20 May 2024 - 03:59
Political violence is on the rise in EU, driven by extremism and disillusionment
Analysts talk to Euronews20 May 2024 - 02:01
How are museums still justifying keeping stolen artifacts?
Bloomberg reveals20 May 2024 - 00:03
Techcraft on display in Ukraine
Analysis by War on the Rocks19 May 2024 - 22:00
Chinese state-backed company to launch space tourism flights by 2028
19 May 2024 - 20:01
Ukraine destroys another Russian ship
19 May 2024 - 18:01
Slovak PM Fico no longer in immediate danger but condition serious, deputy says
19 May 2024 - 17:40
Iranian president's helicopter makes hard landing on border with Azerbaijan
19 May 2024 - 17:25
Russia's forces shot down 9 ATACMS missiles, 61 drones overnight
19 May 2024 - 17:17
France mobilises police to regain control of New Caledonia airport road
19 May 2024 - 16:49
India doubles purchase of Russian diamonds
19 May 2024 - 16:26
Venezuela approves investment agreement with Türkiye
19 May 2024 - 15:58
Coup d'état thwarted in Democratic Republic of Congo
19 May 2024 - 15:30
Biden, Trump accuse each other of threatening democracy
19 May 2024 - 15:09
"Iran, Azerbaijan show a very strong joint political will today"
President Aliyev tells Raisi during meeting at the border/PHOTO19 May 2024 - 14:40
Russian oil refinery suspends operations after drone falls on its site
19 May 2024 - 14:14
Iranian ambassador: New page opened in relations with Azerbaijan
19 May 2024 - 13:52
Erdogan commemorates 105th anniversary of Turkish freedom struggle
Ataturk Memorial Day19 May 2024 - 13:29
Giant meteor seen lighting up skies of Portugal
19 May 2024 - 13:11
Azerbaijan, Russia discuss enhanced economic, transport cooperation at KazanForum 2024
PHOTO19 May 2024 - 12:51
Latvian Parliament speaker arrives in Azerbaijan's Fuzuli
PHOTO19 May 2024 - 12:35
Construction of Turkish Akkuyu Nuclear Power Plant nears completion, director says
19 May 2024 - 12:21