The price of Azerbaijani oil branded as Azeri Light (CIF) has increased in world markets, APA-Economics reports.
The price of Azerbaijani oil per barrel rose by $0.21 or 0.3%, reaching $70.08.
Note that the previous price of Azerbaijani oil was $69.87 per barrel.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azerbaijani oil branded as Azeri Light was calculated at $70.