The price of Azerbaijani Azeri Light (CIF) crude oil has increased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani crude oil rose by 1.3%, or $0.99, to $77.37.
Note that the previous price of Azerbaijani crude oil was $76.38 per barrel.
Recall that the average price of one barrel of Azeri Light crude oil was set at $65 in Azerbaijan's state budget for this year.