AZ

Azerbaijani oil is trading at $112

The price of Azerbaijani oil branded Azeri Light (CIF) has decreased on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil fell by 4.98 US dollars, or 4.2%, to 112.32 US dollars.

Note that the previous price of Azerbaijani oil was 117.3 US dollars.

Recall that the average price of one barrel of Azerbaijani oil branded Azeri Light was calculated at 65 US dollars in Azerbaijan’s state budget for this year.

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