The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil rose by $0.44, or 0.46%, to $97.12.
The previous price of Azerbaijani oil was $96.68 per barrel.
It should be recalled that Azerbaijan’s state budget for this year was calculated based on an average Azeri Light crude oil price of $65 per barrel.