Azerbaijani oil dropped on world market

Azerbaijani oil dropped on world market
# 31 May 2023 09:29 (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 has decreased by USD 2.71 or 3.4% to stand at USD 76.27.

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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