Azerbaijani oil has a price hike on world markets

On the world markets, the Azerbaijani oil price has rose up. A barrel’s price of Azeri Light crude oil became $107.34, which has increased $0.62. Azerbaijan’s budget is $50 a barrel, as an average oil price for 2022. $15.81 is considers as the lowest price for Azeri Light on April 2020. $149.66 was the highest price, which was fixed in July 2008, as News.Az reported on Thursday.