Azeri Light crude rises to $69.61 per barrel on world market

The price of one barrel of Azerbaijan's Azeri Light crude oil increased by $0.31, or 0.45%, reaching $69.61 on the global market, Report news agency reported, citing sources in the oil industry.

According to trading data, the price of October futures for Brent crude stood at $67.27 per barrel.

At Türkiye's Jeyhan port, the FOB price of a barrel of Azeri Light rose by $0.34, or 0.50%, to $68.10.

In Azerbaijan's state budget for this year, the average price of oil per barrel is set at $70.