The price of Azerbaijani Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of Azerbaijani oil rose by $0.62, or 0.58%, to $107.46 per barrel.
It should be noted that the previous price of Azerbaijani oil was $106.84 per barrel.
As a reminder, Azerbaijan's state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.