The price of Azerbaijani oil Azeri Light (CIF) brand has increased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $0.51 or 0.71%, reaching $72.52.
Note that the previous price of Azerbaijani oil was $72.01 per barrel.
Recall the average price of one barrel of Azeri Light oil is calculated at $70 in Azerbaijan’s state budget for this year.
