Azerbaijan’s Azeri Light (CIF) crude oil has become cheaper on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by 1.45 US dollars, or 2.2%, to 64.12 US dollars.
Note that the previous price of Azerbaijani oil was 65.57 US dollars.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of “Azeri Light” crude oil was calculated at 65 US dollars.
