The price of Azerbaijani oil of the Azeri Light (CIF) brand has decreased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $0.51 or 0.68%, amounting to $74.17.
For comparison, the previous price was $74.68 per barrel.
It is worth noting that the average price of Azeri Light crude is calculated at $70 per barrel in Azerbaijan’s current state budget.
