MP: This will affect the price of Azerbaijani oil


November 24, Fineko/ The price limit that European countries will impose on the price of Russian oil will also have an impact on the price of Azerbaijani oil.

ABC.AZ reports that Economy & Entrepreneurship Committee’s chairman, MP Tair Mirkishili who made this statement added that inflation in Azerbaijan will be 6.9% in 2023. The price of oil in the budget is envisaged at the level of $50.

Currently the price of Azerbaijani oil ranges within $90-100.

Mirkishili said that the setting of the oil price next year at $50 is linked with the oil market expectations.