Azerbaijan’s Azeri Light (CIF) crude oil has fallen in price on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil decreased by $0.78, or 0.74%, to $104.20.
It should be noted that the previous price of Azerbaijani oil was $104.98.
Recall that Azerbaijan’s state budget for this year calculates the average price of a barrel of Azeri Light crude oil at $65.