Baku: The price of Azerbaijani oil of the Azeri Light (CIF) brand has seen an increase in world markets. The price of one barrel has risen by 0.56 US dollars, or 0.82%, reaching 68.90 US dollars.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 68.34 US dollars. It is noteworthy that Azerbaijan’s state budget for this year has calculated the average price of one barrel of Azeri Light brand oil at 70 US dollars.