The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased in world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil has risen by 1.33 US dollars or 1.84%, reaching 73.76 US dollars.
Note that the previous price of Azerbaijani oil was 72.43 US dollars.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light oil has been calculated at 70 US dollars.