Azerbaijani oil of the “Azeri Light” (CIF) brand has decreased in price on world markets.
elchi reports that the price of 1 barrel of Azerbaijani oil has decreased by 4.36 dollars or 4.56%, amounting to 91.22 US dollars. It should be noted that the previous price of Azerbaijani oil was 95.58 US dollars.
Let us recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of “Azeri Light” Azerbaijani oil was calculated at 65 US dollars.