The price of Azerbaijan’s Azeri Light (CIF) crude oil has decreased in global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by 1.09 USD, or 1%, to 112.02 USD.
Note that the previous price of Azerbaijani oil stood at 113.11 USD per barrel.
Recall that the average price of Azeri Light crude oil in Azerbaijan’s state budget for this year is calculated at 65 USD per barrel.
