Azerbaijani oil of the Azeri Light (CIF) brand has decreased in price on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $2.58, or 2.11%, to $119.68.
Note that the previous price of Azerbaijani oil stood at $122.26 per barrel.
Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year is calculated at $65.
