The price of Azerbaijan's Azeri LT CIF oil increased by $1.05, or 1.43%, reaching $74.31 per barrel in the global markets, News.Az reports.
The average oil price in Azerbaijan's state budget for 2024 was set at $75 per barrel.
The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.
