The price of Azerbaijani Azeri Light (CIF) brand oil continued to rise in world markets, APA-Economics reports.
The price of 1 barrel of Azerbaijani oil increased by 4.19 US dollars or 5.7% yesterday and traded at 77.64 US dollars.
The previous price of Azerbaijani oil was 73.45 US dollars.
It should be noted that in this year's state budget of Azerbaijan, the average price of 1 barrel of Azerbaijani oil of the Azeri Light brand was calculated at 70 US dollars.
