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Azerbaijani oil price drops to $75

The price of Azerbaijani oil of the Azeri Light (CIF) brand has decreased on the world markets, APA-Economics reports.

The price of Azerbaijani oil per barrel fell by USD 1.85 or 2.38% yesterday, reaching USD 75.79.

The previous price of Azerbaijani oil was USD 77.64.

Note that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light Azerbaijani oil was calculated at USd 70.

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