Azeri Light crude oil has risen in price

The price of a barrel of Azerbaijani Azeri Light oil on the world market rose by $0.02, or 0.02%, reaching $119.7.

Report was informed by a source on the oil market.

At the same time, at the Turkish port of Ceyhan on an FOB basis, the price of Azeri Light decreased by $0.1 (0.09%) to $109.11 per barrel.

It should be noted that the average oil price in Azerbaijan's state budget for the current year is set at $65 per barrel.