Azerbaijan’s Azeri Light (CIF) crude oil slightly declined on global markets, APA-Economics reports.
The price of Azerbaijani oil fell by $0.07, or 0.1%, to $71.14 per barrel.
Note that the previous price of Azerbaijani oil stood at $71.21 per barrel.
Recall that the average price of Azeri Light crude oil per barrel in Azerbaijan’s state budget for this year has been calculated at $65.