The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased in global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $1.95 or 1.7% to $113.97.
It should be noted that the previous price of Azerbaijani oil stood at $112.02.
Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year is set at $65.
