The price of Azerbaijan’s "Azeri Light" (CIF) crude oil has slightly decreased on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil fell by $0.05 to $116.
It should be noted that the previous price of Azerbaijani oil stood at $116.05.
Recall that the average price of a barrel of "Azeri Light" crude oil is set at $65 in Azerbaijan’s state budget for this year.