The price of Azerbaijani Azeri Light (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $1.12 or 0.94% to $118.56.
Note that the previous price of Azerbaijani oil stood at $119.68.
Recall that the average price of one barrel of Azerbaijani Azeri Light crude oil was calculated at $65 in Azerbaijan’s state budget for this year.
