The price of a barrel of Azeri Light crude oil increased by $0.28, or 0.31%, settling at $89.55, News.Az reports.
"Azeri Light" crude oil reached its lowest level on April 21, 2020, at $15.81 per barrel, and its highest price was recorded in July 2008, at $149.66 per barrel.September futures for Brent crude were traded at $84.73 per barrel.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 per barrel.
