Baku: In the global markets, Azerbaijani oil Azeri Light (CIF) brand has decreased in price, APA-Economics reports. The price of one barrel of Azerbaijani oil fell by 2.24 US dollars, or 2.71%, reaching 80.34 US dollars yesterday.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 82.58 US dollars. It is noteworthy that in this year’s state budget of Azerbaijan, the average price per barrel of “Azeri Light” Azerbaijani oil was calculated at 70 US dollars.