The price of Azerbaijan’s “Azeri Light” crude oil (CIF) is approaching $69 per barrel on global markets, APA-Economics reports.
The cost per barrel rose by $0.39, or 0.6%, to $68.70, up from the previous price of $68.31.
For reference, Azerbaijan’s state budget for this year was based on an average price of $70 per barrel for “Azeri Light” crude.
