Azeri Light crude rises above $75 a barrel

Azerbaijan’s Azeri Light crude rose on global markets, market data showed.

The price of Azeri Light increased by $1.95, or 2.65%, to $75.66 per barrel.

The previous price of Azerbaijani crude was $73.71 per barrel.

Azerbaijan’s state budget for this year is based on an average Azeri Light price of $65 per barrel.

N.Tebrizli