The price of Azerbaijani crude oil, branded as Azeri Light (CIF), has increased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $1.03 or 1.58%, reaching $66.24.
Note that the previous price of Azerbaijani oil was $65.21 per barrel.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light crude oil is calculated at $70.
