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Azerbaijani oil is trading around $109

The price of Azerbaijani oil branded Azeri Light (CIF) has decreased on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil fell by $9.57 or 8.07% to $108.99.

Note that the previous price of Azerbaijani oil stood at $118.56.

Recall that the average price of one barrel of Azerbaijani oil branded Azeri Light was calculated at $65 in Azerbaijan’s state budget for this year.

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