The price of Azeri Light (CIF) branded Azerbaijani oil has increased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $1.38 or 2.07%, reaching $68.10.
Note that the previous price of Azerbaijani oil was $66.72 per barrel.
Recall that in Azerbaijan's state budget for this year, the average price of one barrel of Azeri Light oil is calculated at $70.