Baku: The price of Azerbaijani oil of the “Azeri Light” (CIF) brand has seen a decline in world markets. The price per barrel has decreased by 0.72 US dollars or 1.02%, settling at 69.53 US dollars.
According to Azeri-Press News Agency, the previous price of Azerbaijani oil was recorded at 70.25 US dollars. It is noteworthy that the current year’s state budget of Azerbaijan has calculated the average price of one barrel of Azerbaijani oil of the “Azeri Light” brand at 70 US dollars.