The price of Azerbaijan’s Azeri Light (CIF) crude oil has declined on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil decreased by $2.9, or 2.77%, to $101.68.
Note that the previous price of Azerbaijani oil stood at $104.58 per barrel.
Recall that the average price of one barrel of Azeri Light crude oil was calculated at $65 in Azerbaijan’s state budget for this year.
