The price of Azerbaijan's Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani crude rose by $1.99, or 2.3%, to $88.82.
The previous price of Azeri Light crude was $86.83 per barrel.
It should be recalled that Azerbaijan's 2026 state budget is based on an average Azeri Light oil price of $65 per barrel.