The price of Azerbaijani Azeri Light (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by 3.38%, or $4.24, to $76.38.
Note that the previous price of Azerbaijani oil was $79.76 per barrel.
Recall that the average price of one barrel of Azerbaijani Azeri Light crude oil has been set at $65 in this year's state budget of Azerbaijan.