The price of Azerbaijani oil branded Azeri Light (CIF) has decreased in the global markets, APA-Economics reports.
The price of Azerbaijani oil per barrel dropped by $7.96 or 9.94% yesterday, reaching $72.12 per barrel.
Note that the previous price of Azerbaijani oil was $80.08.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light oil was calculated at $70.
