The price of Azeri Light (CIF) branded Azerbaijani oil has decreased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil has decreased by 0.83 US dollars or 1.18%, amounting to 69.25 US dollars.
Note that the previous price of Azerbaijani oil was 70.08 US dollars.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light branded Azerbaijani oil is calculated at 70 US dollars.