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 0.07 US dollars, or 0.1%, reaching 68 US dollars.
Note that the previous price of Azerbaijani oil was 67.93 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.