The price of a barrel of Azerbaijani Azeri Light crude oil on the world market increased by $2.41, or 2.63%, to $93.91.
AI will summarize what happened, why it matters and what it means for business.
Following trading, the price of September futures for Brent crude oil stood at $87.01.
The price of Azerbaijani oil in Turkey's Ceyhan port on FOB terms rose by $2.42, or 2.76%, to $89.99 per barrel.
Azerbaijan's state budget for this year has set the oil price at $65 per barrel.
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Azerbaijan's state budget set oil price at $65 per barrel
Price of Azeri Light crude rose by $2.41 to $93.91 per barrel
Price of Azerbaijani oil in Ceyhan on FOB terms rose by $2.42 to $89.99 per barrel