Bank Of Baku

Azeri Light oil falls below $90 in world market

Azeri Light oil falls below $90 in world market
# 08 August 2023 09:31 (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 0,7% or USD 0,66 to stand at USD 89,45.

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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