The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased in world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil has risen by USD 0.79 or 1.06%, reaching USD 75.49.
Note that the previous price of Azerbaijani oil was USD 74.7.
Recall that in Azerbaijan's state budget for this year, the average price of 1 barrel of Azeri Light brand oil has been calculated at USD 70.