The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased again on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $6.02, or 5.76%, to $110.51.
Note that the previous price of Azerbaijani oil stood at $104.49.
Recall that the average price of one barrel of “Azeri Light” crude oil was set at $65 in Azerbaijan’s state budget for this year.
