The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased on world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil rose by 0.85 US dollars, or 1.3%, reaching 66.28 US dollars.
Note that the previous price of Azerbaijani oil was 65.43 US dollars.
Recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of "Azeri Light" oil is calculated at 70 US dollars.