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Azerbaijani oil price slightly decreased

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

The price of one barrel of Azerbaijani oil dropped by USD 0.46 or 0.67%, settling at USD 68.13.

Note that the previous price of Azerbaijani oil was USD 68.59 per barrel.

Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light oil is calculated at USD 70.

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