The price of Azerbaijani oil branded as Azeri Light (CIF) has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $4.18, or 3.9%, to $102.3.
Note that the previous price of Azerbaijani oil stood at $106.48 per barrel.
Recall that the average price of one barrel of Azerbaijani oil branded as Azeri Light was calculated at $65 in Azerbaijan’s state budget for this year.