The price of Azerbaijan's Azeri Light (CIF) crude oil has declined on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani crude fell by $2.88 to $72.46.
Note that the previous price of Azerbaijani crude stood at $75.34 per barrel.
Recall that Azerbaijan's 2026 state budget is based on an average price of $65 per barrel for Azeri Light crude.