Following trading, the price of September Brent crude futures stood at $84.66 per barrel.
Azerbaijan's state budget for the current year has set an average oil price of $65 per barrel.
The price of one barrel of Azerbaijani Azeri Light crude rose by $2.68, or 3.02%, to $91.5.
AI will summarize what happened, why it matters and what it means for business.
Following trading, the price of September Brent crude futures stood at $84.66 per barrel.
Azerbaijan's state budget for the current year has set an average oil price of $65 per barrel.
Generated by AI. Please check key details when accuracy matters.
Azerbaijan's state budget set average oil price at $65 per barrel
Azeri Light rose by $2.68 to $91.5 per barrel
September Brent futures settled at $84.66 per barrel
Energy security means the ability of a country and business to receive energy reliably, without critical dependence on one route or supplier. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What green energy meansGreen energy is power generated from low-emission sources such as solar, wind, hydro and other technologies that reduce dependence on fossil fuels. FinFly explains why it matters for Azerbaijan, business and readers in clear language.
What artificial intelligence isHow AI helps analyze data, texts, images and business processes. FinFly explains why it matters for Azerbaijan, business and readers in clear language.