Last week (August 25–31), the average price of one barrel of Azeri Light (CIF) oil on the world market was equal to 69.49 US dollars, which is 0.574 dollars or 0.83% higher compared to the average price of the previous week, APA-Economics reports.
The highest figure during the week (on Friday) was 69.74 dollars, while the lowest figure (on Tuesday) was at the level of 69.3 dollars.
Note that the average price of Azerbaijani oil in the previous week (August 18–24) was 68.916 US dollars.
Recall that in this year’s state budget of Azerbaijan, the average price of one barrel of Azeri Light branded Azerbaijani oil has been calculated at 70 US dollars.
