Azerbaijani crude sees $4 decline as downward trend continues

Azerbaijan’s Azeri Light (CIF) crude oil has fallen in price on global markets, declining by $3.95, or 4.36%, to $86.55 per barrel.

The previous price of Azeri Light crude stood at $90.50 per barrel, Caliber.Az reports via local media.

In Azerbaijan’s state budget for the current year, the average price of Azeri Light crude oil is set at $65 per barrel.

By Jeyhun Aghazada