The price of Azerbaijani Azeri Light (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil decreased by $1.53, or 1.6%, to $93.97.
Note that the previous price of Azerbaijani oil was $95.5.
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.