The price of Azerbaijani Azeri Light crude oil in global market increased by $1.78 (2.3 percent), finding its place at $78.78 per barrel, AzVision.az reports.
The price of February futures for Brent crude oil was $76.53.
The average price of a barrel of oil in the state budget of Azerbaijan this year is set at $70.
To note, the lowest price for Azeri Light oil was recorded on April 21, 2020 ($15.81), and the maximum was in July 2008 ($149.66).
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