The price of Azerbaijan's Azeri LT CIF oil in the world market has fallen by $0.39, or 0.49%, to $78.72 per barrel, Report informs.
Brent crude was traded at $75.23 per barrel.
The average oil price in Azerbaijan's state budget for 2023 was set at $60 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.
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