AZ

Azerbaijani oil price exceeds $116

Azeri Light (CIF) Azerbaijani oil has risen on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil increased by USD 2.93 or 2.58% to USD 116.41.

Note that the previous price of Azerbaijani oil stood at USD 113.48.

Recall that the average price of one barrel of Azeri Light Azerbaijani oil was calculated at USD 65 in Azerbaijan’s state budget for this year.

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