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Azerbaijani oil price exceeds $113

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.

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