The price of Azerbaijan’s Azeri Light (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of Azerbaijani oil fell by $1 or 0.71% to $140.68 per barrel.
Note that the previous price of Azerbaijani oil stood at $141.68 per barrel.
Recall that the average price of Azeri Light crude oil in Azerbaijan’s state budget for this year is set at $65 per barrel.
