Azeri Light (CIF) Azerbaijani oil has increased in price on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $6.72, or 7.65%, reaching $94.62.
It should be noted that the previous price of Azerbaijani oil was $87.9.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of “Azeri Light” oil was calculated at $65.