The price of Azerbaijani oil is growing dynamically
The price of Azeri Light, produced at the Azerbaijani refinery, increased by $1.57, or 1.80%, to $88.45 per barrel on the world market.
Brent crude was trading at $84.47 a barrel yesterday.
In the state budget of Azerbaijan for this year, the price of oil is set at $50.
The minimum price for Azeri Light was set on April 21, 2020 ($15.81) and the maximum price was set in July 2008 ($149.66).