The price of Azeri Light (CIF) crude oil has increased in the world market, APA-Economics reports.
Compared to the previous day, the price of a barrel of Azerbaijani oil rose by 1,8% or USD 1,8 to stand at USD 100,53.
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.
Note that the price of Azeri Light (CIF) crude oil has exceeded USD 100 for the first time in this year.