The price of Azerbaijan's Azeri Light crude oil (CIF) has increased on global markets, APA-Economics reports.
The price of one barrel of Azeri Light crude rose by $1.83, or 1.85%, to $100.56.
The previous price of Azeri Light crude stood at $98.73 per barrel.
Note that Azerbaijan's 2026 state budget is based on an average oil price of $65 per barrel for Azeri Light.