[ad_1] The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $ 0.01 (0.01%) to $ 69.32, Report informs. 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. [ad_2] https://report.az/en/energy/azeri-light-oil-price-slightly-down/
Tag: oil
Azerbaijani oil drops by more than 6%
[ad_1] The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $4.78 or 6.45% to $ 69.33, Report informs. 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. [ad_2] https://report.az/en/energy/azerbaijani-oil-drops-more-than-6/
Transit of Azerbaijani oil products via Georgia up 70%
[ad_1] The volume of cargo transportation by Georgian railways reached 6,000,000 in the first half of the year, Report informs, citing Georgian Railways JSC. According to the information, this is an increase of 500,000 tonnes over the previous year. The 10% increase in cargo transportation has been a record in the past 11 years. The… Continue reading Transit of Azerbaijani oil products via Georgia up 70%
EIA raises oil price forecast for 2021
[ad_1] In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast. We revised global production down by 210,000 barrels per day (b/d) in 2H21, leading… Continue reading EIA raises oil price forecast for 2021
OPEC raises forecast on Azerbaijan’s oil production
[ad_1] The Organization of the Petroleum Exporting Countries (OPEC) has increased its forecast for the average daily production of oil and other liquid hydrocarbons in Azerbaijan for 2021 and 2022 by 0.04 and 0.03 million barrels, respectively, Report informs, citing the organization’s July report. According to the document, liquid hydrocarbon production in Azerbaijan is expected… Continue reading OPEC raises forecast on Azerbaijan’s oil production
Azerbaijani oil price rises | Report.az
[ad_1] The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has increased by $0.65 (0.86%) to $76.7, Report informs. 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. [ad_2] https://report.az/en/energy/the-price-of-a-barrel-of-azerbaijan-s-azeri-lt-cif-oil-increased-by-0-65/
IEA: High oil prices may slow economic recovery
[ad_1] While the current high prices could increase the pace of electrification of the transport sector and help accelerate energy transitions, they could also put a drag on the economic recovery, particularly in emerging and developing countries, Report informs, citing the July 2021 Oil Market Report of the International Energy Agency (IEA). Analysts remind that… Continue reading IEA: High oil prices may slow economic recovery
Azerbaijani oil price drops | Report.az
[ad_1] The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $0,72 (0,94%) to $76,05, Report informs. 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. [ad_2] https://report.az/en/energy/the-price-of-a-barrel-of-azerbaijan-s-azeri-lt-cif-oil-drops/
Azerbaijani oil price rises slightly
[ad_1] The price of Azerbaijan’s Azeri LT CIF oil in the world market has increased by $ 0.46 or 0.62% to $ 74.60 a barrel, Report informs. 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. [ad_2] https://report.az/en/energy/azerbaijani-oil-price-rises-slightly-9721/
Azerbaijani oil price falls by nearly 3%
[ad_1] The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has decreased by $ 1.94 or 2.55% to $ 74.14, Report informs. 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. [ad_2]… Continue reading Azerbaijani oil price falls by nearly 3%