The price of Azerbaijani oil of the Azeri Light (CIF) brand has decreased on world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil decreased by 2.24 US dollars, or 3.34%, to 64.8 US dollars.
Note that the previous price of Azerbaijani oil was 67.04 US dollars.
Recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of Azerbaijani oil of the Azeri Light brand is calculated at 70 US dollars.