Azeri Light crude oil (CIF) branded Azerbaijani oil has increased in price on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil increased by 0.5 US dollars, or 0.45%, to 110.48 US dollars.
Note that the previous price of Azerbaijani oil stood at 109.98 US dollars.
Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year was calculated at 65 US dollars.
