The price of Azerbaijan’s “Azeri Light” (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by 5.05 US dollars, or 4.04%, to 119.98 US dollars.
It should be noted that the previous price of Azerbaijani oil stood at 125.03 US dollars.
Recall that the average price of one barrel of “Azeri Light” crude oil in Azerbaijan’s state budget for this year is set at 65 US dollars.
