The price of Azerbaijan's Azeri LT CIF oil in the world market has risen by $1.95, or 2.38%, to $83.8 per barrel, AzVision.az reports.
The Brent crude price traded at $79.54 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $50 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.
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