The price of Azerbaijan's Azeri Light (CIF) crude oil has decreased on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $0.25 or 0.36%, settling at $69.87.
Note that the previous price of Azerbaijani oil was $70.12 per barrel.
Recall that in Azerbaijan's current state budget, the average price of one barrel of Azeri Light oil has been calculated at $70.