The price of Azerbaijan's Azeri LT CIF oil in the world market dropped by $1.86, or 2.16%, to $84.4 per barrel, Report informs.
The Brent crude price traded at $81.15 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.