The price of Azerbaijan’s Azeri Light (CIF) crude oil has declined on global markets, APA-Economics reports.
The price of Azerbaijani oil per barrel fell by USD 1.13, or 1.72%, to USD 64.6.
Note that the previous price of Azerbaijani oil stood at USD 65.73.
Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year was calculated at USD 65.
