Azerbaijani oil price nears $80

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

The price of one barrel of Azerbaijani oil rose by $6.85, or 9.4%, to $79.6.

t should be noted that the previous price of Azerbaijani oil stood at $72.75 per barrel.

Recall that Azerbaijan’s state budget for this year is based on an average price of $65 per barrel for “Azeri Light” crude.