AZ

Azerbaijani oil price exceeds $128

The price of Azerbaijan’s "Azeri Light" (CIF) crude oil has increased on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by 3.81 US dollars, or 3.07%, to 128.05 US dollars.

Note that the previous price of Azerbaijani oil stood at 124.24 US dollars.

Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of "Azeri Light" crude oil has been calculated at 65 US dollars.

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