Azerbaijani oil price exceeds $105

The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased on global markets

The price of Azerbaijani oil rose by $10.15, or 10.6%, reaching $105.58 per barrel.

Note that the previous price of Azerbaijani oil stood at $95.43 per barrel.

Recall that the average price of Azeri Light crude oil was calculated at $65 per barrel in Azerbaijan’s state budget for this year.