Azerbaijan’s Azeri Light (CIF) crude oil has risen again on global markets, APA-Economics reports.
The price of Azerbaijani oil increased by $2.22, or 2%, to $113.11 per barrel.
Note that the previous price of Azerbaijani oil stood at $110.89 per barrel.
Recall that the average price of Azeri Light crude oil was set at $65 per barrel in Azerbaijan’s state budget for this year.