The price of Azerbaijani oil “Azeri Light” (CIF) has increased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil increased by $5.61, or 6.82%, reaching $87.9.
It should be noted that the previous price of Azerbaijani oil was $82.29.
Recall that the average price of one barrel of “Azeri Light” crude oil has been set at $65 in Azerbaijan’s state budget for this year.