Azeri Light crude price rises slightly on global oil market

The price of Azerbaijan's Azeri Light crude increased by $0.07, or 0.1%, reaching $68 per barrel on the global market, according to sources, Report informs.

Trading results also showed that Brent crude's January futures stood at $63.55 per barrel.

At Türkiye's Ceyhan port, the FOB price of Azeri Light rose by $0.10, or 0.15%, to $65.82 per barrel.

For reference, Azerbaijan's state budget for the current year is calculated based on an average oil price of $70 per barrel.