The price of Azeri Light crude oil exceeded 70 dollars

The price of one barrel of Azerbaijani Azeri Light crude oil on the world market increased by $1.06, or 1.53%, to $70.37.

A source in the oil market told Report about this.

At the Turkish port of Ceyhan, the price per barrel of Azerbaijani Azeri Light crude oil on FOB basis increased by $1.33, or 1.69%, amounting to $67.77.

Recall that in the state budget of Azerbaijan for this year, the oil price is set at the level of $65 per barrel.