Baku. Ali Ahmedov – APA-Economics. Azeri oil price went down in world market.
According to SOCAR Marketing and Economic Operations Department, in June 1, Azeri Light oil was sold for $ 120.42 a barrel in London Stock, down $ 0.51 from a day ago.
However, Azeri oil price exceeds the budget price by 1.5 times. So that, Azeri oil average price made $ 118 in May, up 50% from budget price. Generally, the average price of oil made $ 113, since early 2011.
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