Bank Of Baku

Average price of Azerbaijani oil price increased by 14% last month

Average price of Azerbaijani oil price increased by 14% last month
# 01 February 2022 10:24 (UTC +04:00)

According to the results of January this year, the average price for Azeri Light (CIF) on the world market was $ 89.4 per barrel, and this is $ 33.83 or 60.9% more than in January 2020 APA-Economics reports. 

Compared to December 2020, the average price for Azerbaijani oil in January this year increased by $ 13.2 (or 17.3%).

Last month, the highest figure (January 28) was $ 94.66, while the lowest one (January 4) was $ 82.49. During the month, the price of Azerbaijani oil increased by 14.2%, or $ 11.71.

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