Azerbaijani oil price exceeds $98 for the first time in last 11 months

Azerbaijani oil price exceeds $98 for the first time in last 11 months
# 13 September 2023 09:18 (UTC +04:00)

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 2% or USD 1.91 to stand at USD 98,64.

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 price of Azeri Light (CIF) crude oil has exceeded USD 98 for the first time in 11 months.

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