Azerbaijan’s Azeri Light (CIF) crude oil has slightly declined in price on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil decreased by 0.03 US dollars to 69.77 US dollars.
Note that the previous price of Azerbaijani oil stood at 69.80 US dollars 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 65 US dollars.
