The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased in world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil has increased by $0.57 or 0.92%, reaching $62.4.
Note that the previous price of Azerbaijani oil was $61.83.
Recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of Azeri Light brand oil is calculated at $70.