The price of Azerbaijani Azeri Light crude oil (CIF) has increased on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil rose by $0.9, or 0.95%, to $95.48.
Note that the previous price of Azerbaijani oil was $94.58.
Recall that Azerbaijan's state budget for this year is based on an average price of $65 per barrel of Azeri Light crude oil.