The price of Azerbaijani oil of the "Azeri Light" (CIF) brand has decreased in world markets, APA-Economics reports.
The price of Azerbaijani oil per barrel decreased by 0.98 US dollars or 1.55% to 62.17 US dollars.
It should be noted that the previous price of Azerbaijani oil was 63.15 US dollars.
It should be noted that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil of the "Azeri Light" brand was calculated at 70 US dollars.