The price of Azerbaijan’s “Azeri Light” (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of Azerbaijani oil rose by $10.89 or 8.3% to $141.68 per barrel.
Note that the previous price of Azerbaijani oil stood at $130.79 per barrel.
Recall that the average price of Azeri Light crude oil in Azerbaijan’s state budget for this year was set at $65 per barrel.
