Azerbaijan’s “Azeri Light” (CIF) crude oil has risen in price on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil increased by $5.45, or 4.93%, reaching $115.93.
Note that the previous price of Azerbaijani oil stood at $110.48.
Recall that the average price of one barrel of Azeri Light crude oil was calculated at $65 in Azerbaijan’s state budget for this year.
