The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by USD 1.04, or 1.61%, to USD 65.64.
Note that the previous price of Azerbaijani oil stood at USD 64.6 per barrel.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light crude oil is calculated at USD 65.
