The price of Azerbaijani oil of the "Azeri Light" (CIF) brand has increased in world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil increased by 2.87 US dollars or 4.37% and equaled 68.51 US dollars.
It should be noted that the previous price of Azerbaijani oil was 65.64 US dollars.
It should be noted that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil of the "Azeri Light" brand was calculated at 65 US dollars.