Baku: The price of Azerbaijani Azeri Light (CIF) crude oil has decreased on world markets. The price of one barrel of Azerbaijani oil decreased by 4.09 US dollars, or 3.58%, to 114.14 US dollars.
According to Azeri-Press News Agency, the previous price of Azerbaijani oil stood at 118.23 US dollars. The average price of one barrel of Azerbaijani Azeri Light crude oil was calculated at 65 US dollars in Azerbaijan’s state budget for this year.