The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil rose by 3.52 US dollars, or 3.33%, reaching 109.10 US dollars.
It should be noted that the previous price of Azerbaijani oil was 105.58 US dollars.
Recall that the average price of a barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year was calculated at 65 US dollars.
