Azerbaijan’s Azeri Light (CIF) crude oil price edged up slightly on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil increased by $0.93, or 1.33%, to $70.7.
Note that the previous price of Azerbaijani oil stood at $69.77.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light crude oil is calculated at $65.
