During last week the average price of 1 barrel of Azeri Light (CIF) branded Azerbaijani oil in the world market was equal to USD 85,216 making a $0,132 or 0,15% decrease from the previous week's average price, APA-Economics reports.
The highest indicator (Monday) was $86,86, and the lowest indicator (Wednesday) was at the level of $83,17 during last week.
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.