Average price of Azerbaijani oil increased last week

Average price of Azerbaijani oil increased last week
# 25 September 2023 10:06 (UTC +04:00)

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.

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