The average selling price of a barrel of Azeri Light crude oil stood at $96.1 in January–September of this year, APA reports.
This is reflected in the Republic of Azerbaijan's 2027 state budget package, which was submitted for discussion at the Economic Policy, Industry and Entrepreneurship Committee of the Milli Majlis.
It was noted that this figure is $31.1, or 47.8%, higher than the price used for the current year's budget calculations ($65).