Azerbaijani oil price nears $120
The price of Azerbaijan's Azeri Light crude oil (CIF) has increased on global markets, TodayPress TV reports.
The price of a barrel of Azerbaijani oil rose by $6.22, or 5.5%, to $119.54.
The previous price of Azerbaijani oil was $113.32 per barrel.
Recall that Azerbaijan's state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.
