The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased in global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by 2.04 US dollars, or 1.79%, to 115.89 US dollars.
Note that the previous price of Azerbaijani oil stood at 113.85 US dollars.
Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year was set at 65 US dollars.
