Azerbaijan's Azeri Light (CIF) crude oil has risen in global markets, APA-Economics reports.
The price of Azerbaijani oil increased by $0.08, or 0.11%, reaching $69.80 per barrel.
Note that the previous price of Azerbaijani oil was $69.72 per barrel.
Recall that Azerbaijan’s 2026 state budget is based on an average price of $65 per barrel for Azeri Light crude.
