Azerbaijani oil continues to rapidly depreciate

The price of one barrel of Azerbaijani Azeri Light crude oil on the world market decreased by $0.73, or 1.08%, to $66.72.

A source in the oil market told Report about this.

At the end of trading, the price of October futures for Brent crude oil was $66.91.

The price of Azerbaijani oil in Turkish Ceyhan under FOB terms decreased by $0.71, or 1.08%, to $65.18 per barrel.

Recall that in Azerbaijan's state budget for this year, the oil price is set at $70.