The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased on world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil has increased by 0.53 US dollars or 0.71%, reaching 74.7 US dollars.
Note that the previous price of Azerbaijani oil was 74.17 US dollars.
Recall that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil of the Azeri Light brand is calculated at 70 US dollars.