The price of Azerbaijani oil branded Azeri Light (CIF) has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $3.57, or 3.24%, to $106.48.
Note that the previous price of Azerbaijani oil stood at $110.05 per barrel.
Recall that the average price of one barrel of Azerbaijani oil branded Azeri Light was set at $65 in Azerbaijan’s state budget for this year.
