Azerbaijani oil of the Azeri Light (CIF) brand has risen in price on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil increased by $1.23, or 1.31%, to $95.16.
The previous price of Azerbaijani oil was $93.93 per barrel.
Recall that Azerbaijan's state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.