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 has decreased by $0.79 or 1.12%, amounting to $69.86.
Note that the previous price of Azerbaijani oil was $70.65.
Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light oil was calculated at $70.