The price of Azeri Light (CIF) crude oil has increased on the world market, APA-Economics reports.
The price of a barrel of Azerbaijani oil has increased by USD 1.72 or 1.8% to stand at USD 97.68.
Note that the average price of a barrel of Azeri Light brand oil was 103,58 US dollars in 2022. Last year, Azeri Light (CIF) oil price increased by 44.6% compared to the indicator of 2021.