The price of Azerbaijani Azeri Light crude oil (CIF) has decreased on global markets, APA-Economics reports.
According to the information, the price of one barrel of Azerbaijani oil fell by $6.35, or 6.6%, to $90.5.
It should be noted that the previous price of Azerbaijani oil stood at $96.85 per barrel.
Recall that the average price of one barrel of Azeri Light crude oil was calculated at $65 in Azerbaijan’s state budget for this year.