Azerbaijani oil rises in price by almost 2%
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The price of one barrel of Azerbaijani Azeri Light oil on the world market rose by $2.26, or 1.95%, to $118.53.
A source in the oil market told Report about this.
The price of December futures for Brent crude was $117.61 per barrel.
The price of one barrel of Azeri Light on an FOB basis at the Turkish port of Ceyhan rose by $2.25, or 2.13%, to $107.67.
In Azerbaijan's state budget for the current year, the average price of 1 barrel of oil is calculated based on $65.
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