The price of Azerbaijani oil has decreased on the global market, APA-Economics reports.
The price of a barrel of Azerbaijani Azeri Light crude oil fell by $5.54, or 4.5%, to $116.83.
Previously, Azerbaijani oil was traded at $122.37 per barrel.
Note that the average oil price in Azerbaijan's 2026 state budget has been set at $65 per barrel.