Azerbaijan: Azerbaijan's 'Azeri Light' (CIF) crude oil has decreased in price on global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil fell by 1.34 US dollars, or 1.83%, to 71.97 US dollars. It should be noted that the previous price of Azerbaijani oil stood at 73.31 US dollars per barrel.

According to Azeri-Press News Agency, the average price of one barrel of 'Azeri Light' crude oil in Azerbaijan's state budget for this year was calculated at 65 US dollars. The recent decrease in price highlights fluctuations in the global oil market, which may impact the country's economic expectations and budget planning.