Azeri Light crude climbs to $119.70 per barrel

Prices for Azerbaijan's flagship "Azeri Light" (CIF) crude oil registered a marginal increase on international markets, rising by $0.02 or 0.02% to reach $119.70 per barrel.

The grade's previous settlement stood at $119.68. For comparison, the base assumption for Azeri Light crude in the current national state budget is calculated at an average price of $65 per barrel.

N.Tebrizli