The price of Azerbaijani Azeri Light crude oil (CIF) has increased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $0.56, or 0.6%, to $93.93.
Note that the previous price of Azerbaijani oil was $93.37 per barrel.
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.