Azerbaijani oil of "Azeri Light" brand has lost value in world markets.
Modern.az reports that the price for 1 barrel of Azerbaijani oil decreased by 5.05 US dollars to 119.98 US dollars.
It is reported that the 2-week ceasefire agreement between the US and Iran and today's meeting in Islamabad, the capital of Pakistan, will affect world oil prices.
It should be noted that the average price of 1 barrel of Azerbaijani oil in the state budget of Azerbaijan was calculated at 65 US dollars.
