Bank Of Baku

Azerbaijani oil continues to rise

Azerbaijani oil continues to rise
# 12 August 2023 08:40 (UTC +04:00)

The price of Azeri Light (CIF) crude oil has increased in the world market again, APA-Economics reports.

The price of a barrel of Azerbaijani oil rose by 0,23% or USD 0,21 to stand at USD 91,4.

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.

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