The price of Azerbaijan’s Azeri Light (CIF) crude oil has slightly decreased on world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil decreased by 0.33 USD or 0.49%, amounting to 67.67 USD.
Note that the previous price of Azerbaijani oil was 68 USD.
Recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of “Azeri Light” crude oil has been calculated at 70 USD.