The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil rose by $0.92 or 1.29%, reaching $72.14.
Note that the previous price of Azerbaijani oil was $71.22 per barrel.
Recall that the average price of one barrel of Azeri Light oil has been calculated at $70 in Azerbaijan’s state budget for this year.
