Azerbaijani Oil Price Drops Below $68

Baku: Azerbaijani oil of the “Azeri Light” (CIF) brand fell by $2 on world markets, APA-Economics reports. The price of Azerbaijani oil per barrel decreased by $1.99 or 2.8% to $67.48.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $69.47. It should be mentioned that in this year’s state budget of Azerbaijan, the average price of a barrel of Azerbaijani oil of the “Azeri Light” brand was calculated at $70.