The price of Azerbaijani oil with the Azeri Light (CIF) brand is increasing in world markets, APA-Economics reports.
The price of Azerbaijani oil per barrel increased by 1.18 US dollars or 1.7% to 71.51 US dollars.
It should be noted that the previous price of Azerbaijani oil was 70.33 US dollars.
It should be noted that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil with the Azeri Light brand was calculated at 70 US dollars.