The price of Azerbaijani oil of the Azeri Light (CIF) brand has decreased in world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil has dropped by 1.1 US dollars or 1.58%, amounting to 68.51 US dollars.
Note that the previous price of Azerbaijani oil was 69.61 US dollars.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light brand oil is calculated at 70 US dollars.