Azeri Light (CIF) crude oil from Azerbaijan has declined in world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by USD 0.48, or 0.7%, to USD 67.86.
Note that the previous price of Azerbaijani oil stood at USD 68.34 per barrel.
Recall that Azerbaijan’s state budget for this year was calculated based on an average price of USD 65 per barrel for Azeri Light crude.
