Bank Of Baku

Azerbaijani oil price dropped in world market

Azerbaijani oil price dropped in world market
# 02 August 2023 09:33 (UTC +04:00)

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

The price of a barrel of Azerbaijani oil decreased by 0,6% or USD 0,51 to stand at USD 88,76.

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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