The price of Azerbaijani oil approaches $96

Azerbaijani Azeri Light (CIF) crude oil has risen in price on world markets.

As APA-Economics reports, the price of Azerbaijani oil rose by $0.41, or 0.43%, and reached $95.57 per barrel.

Note that the previous price of Azerbaijani oil was $95.16.

Recall that in Azerbaijan's state budget for the current year, the average price of one barrel of Azeri Light oil is set at $65.