Baku: On the world markets, the price of Azerbaijani oil branded Azeri Light (CIF) has slightly decreased, APA-Economics reports. The price of one barrel of Azerbaijani oil fell by 0.02 US dollars, amounting to 65.08 US dollars.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 65.10 US dollars. It is important to note that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light oil is calculated at 70 US dollars.