Bank Of Baku

Azeri oil price is $ 1.5 lower than budget limit

Azeri oil price is $ 1.5 lower than budget limit
# 20 June 2012 11:15 (UTC +04:00)
Baku. Ali Ahmedov – APA-ECONOMICS. Azeri oil price is lower than budget limit

SOCAR Marketing and Economic Operations Department says Azeri Light‘s price increased by $ 0.7 to $98.45, down $1.55 from budget base price.

Remind that, after amendments in the state budget a few days ago, the base price of oil in the budget rose from $80 to $100. Consequently, the oil price is lower than budget.
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