Azeri Light crude rises to $68.70 per barrel

The price of one barrel of Azerbaijan"s Azeri Light crude has increased by $0.39, or 0.57%, reaching $68.70 on the global market, Report informs, citing sources in the oil trading sector.

According to auction results, the price of November futures for Brent crude stood at $66.70 per barrel.

At Türkiye"s Ceyhan port, the FOB price for Azeri Light rose by $0.39, or 0.58%, to $67.23 per barrel.

For comparison, Azerbaijan"s state budget for this year is based on an average oil price of $70 per barrel.