Azerbaijani oil sharply increased in price

The price of one barrel of Azerbaijani Azeri Light crude oil on the world market increased by $1.38, or 2.07%, to $68.10.

A source in the oil market told Report about this.

The price of Azerbaijani oil at Turkey's Ceyhan under FOB terms increased by $1.39, or 2.13%, to $66.57 per barrel.

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