The price of Azerbaijan's Azeri LT CIF oil increased by $0.92, or 1.22%, reaching $76.52 per barrel on the world market.
Meanwhile, January futures for Brent crude were traded at $75.17 per barrel, News.Az reports.The average oil price for Azerbaijan's state budget in 2024 was set at $75 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020, at $15.81, while the all-time high reached $149.66 in July 2008.
