Baku. Ali Ahmadov - APA-Economics. Price of Azerbaijani oil has fallen slightly in world market.
According to SOCAR Marketing and Economic Operations Department, on July 11, Azeri Light oil reached $ 119.45 a barrel by dropping $1.32 in London Stock.
Despite this reduction, price of Azeri oil in the markets exceeds the price in the budget. So, for six months of 2011 average oil price made $114.36, up $34.36 or 43% of the budget.
Average price for Azeri oil for six months of 2011 amounted to $ 114.36
12 July 2011 09:29 (UTC +04:00)
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