Bank Of Baku

Azerbaijani oil price dropped in world markets

Azerbaijani oil price dropped in world markets
# 24 August 2023 09:37 (UTC +04:00)

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

The price of a barrel of Azerbaijani oil decreased by 1.16% or USD 1.03 to stand at USD 87.65.

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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