Accra:The price of Azerbaijani oil, specifically the Azeri Light (CIF) grade, has experienced an increase in global markets. The cost of one barrel has risen by $0.81, or 0.62%, reaching $131.62.
According to Azeri-Press news agency, the previous price was $130.81 per barrel. Azerbaijan’s state budget for the current year was initially calculated with an average oil price of $65 per barrel for Azeri Light crude oil.