Azerbaijani oil price rises nearly 3%

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has risen by $2.5, or 2.6%, to $97.6 per barrel, Report informs.

On the stock exchanges, Brent is training at $93.73.

The average oil price in Azerbaijan's state budget for 2022 was set at $85 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.