Azerbaijani Oil Price Experiences Minor Decline in Global Markets

Baku: Azerbaijani oil trades at $82.60 as Azeri Light (CIF) crude oil experienced a slight decline in global markets. The price of one barrel of Azerbaijani oil decreased by $0.01 to $82.60, indicating a minimal change in the oil trading landscape.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil stood at $82.61 per barrel. This minor fluctuation is noted in the context of Azerbaijan's state budget, where the average price of one barrel of Azeri Light crude oil was calculated to be $65 for this year.