The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has increased by $9.93 or 8.36% to $128.71 per barrel, Report informs.
Yesterday, the Brent crude price was $129.68 a barrel.
The average oil price in the state budget of Azerbaijan for 2022 was set at $50 a 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.