Azerbaijani oil has become cheaper in the world market.
Medianews.az reports that the price of one barrel of "Azeri Light" oil has decreased by 2.58 dollars or 2.11 percent, reaching 119.68 dollars.
It should be noted that the lowest price of "Azeri Light" oil was recorded on April 21, 2020 (15.81 US dollars), and the highest price was recorded in July 2008 (149.66 US dollars).