Prices of Azerbaijani oil branded “Azeri Light” (CIF) have decreased on global markets, APA-Economics reports.
The price of a barrel of Azerbaijani oil fell by $6.85 or 5.9% to $116.05.
It should be noted that the previous price of Azerbaijani oil was $122.9 per barrel.
Recall that the average price of a barrel of “Azeri Light” oil in Azerbaijan’s state budget for this year is set at $65.
