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Azerbaijani oil trades at around $117 per barrel

Azeri Light (CIF) Azerbaijani oil has become cheaper on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil decreased by 0.86 US dollars, or 0.7%, reaching 117.3 US dollars.

Note that the previous price of Azerbaijani oil was 118.16 US dollars.

Recall that the average price of one barrel of Azeri Light Azerbaijani oil was calculated at 65 US dollars in this year’s state budget of Azerbaijan.

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