Baku: The price of Azerbaijani oil of the Azeri Light (CIF) brand has exceeded 66 dollars on world markets, APA-Economics reports. The price of a barrel of Azerbaijani oil increased by 0.77 US dollars or 1.2%, reaching 66.05 US dollars.
According to Azeri-Press news agency, the previous price of Azerbaijani oil was 65.28 US dollars. It is noteworthy that in Azerbaijan’s state budget for this year, the average price of a barrel of Azerbaijani oil of the Azeri Light brand has been calculated at 70 US dollars.