The price of Azeri Light (CIF) crude oil continues to increase in the world market, APA-Economics reports.
Compared to the previous day, the price of a barrel of Azerbaijani oil rose by 1.7% or USD 1.58 to stand at USD 95.86.
Note that in 2022, the average selling price of one barrel of Azeri Light (CIF) oil was $103.58. Last year, Azeri Light (CIF) increased in price by 44.6% compared to the indicator of 2021.