The price of Azerbaijani oil branded Azeri Light (CIF) has increased in global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by 1.09 US dollars or 1.63%, reaching 67.84 US dollars.
Note that the previous price of Azerbaijani oil was 66.75 US dollars.
Recall that the average price of one barrel of Azeri Light oil is calculated at 70 US dollars in Azerbaijan’s state budget for this year.
