During last week (18 – 22 September) the average price of 1 barrel of Azeri Light (CIF) branded Azerbaijani oil in the world market was equal to USD 101,162 making a $2,124 or 2,14% increase from the previous week's average price, APA-Economics reports.
The highest indicator (Tuesday) was $102,25, and the lowest indicator (Friday) was at the level of $99,97 during the week.
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.