The price of Azerbaijan’s Azeri Light (CIF) crude oil has decreased again on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by 11.06 US dollars, or 9.57%, to 104.49 US dollars.
Note that the previous price of Azerbaijani oil stood at 115.55 US dollars.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light crude oil is set at 65 US dollars.
