Baku: The price of Azerbaijani Azeri Light (CIF) crude oil has decreased on world markets. The price of one barrel of Azerbaijani oil has decreased by 0.12 US dollars or 0.18%, settling at 66.22 US dollars.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 66.34 US dollars. It should be noted that in Azerbaijan’s state budget for this year, the average price of one barrel of Azeri Light crude oil is calculated at 70 US dollars.