According to results of December of 2021, an average price of a barrel of Azeri Light (CIF) oil on the world market was USD 76.2, which is USD 6.57 or 7.9% less in comparison with an average price of November, APA-Economics reports.
The highest indicator of the previous month was USD 82.13 (December 30), while the lowest was USD 71.38 (December 2). Price of Azerbaijani oil increased by 12.7% or by USD 9.27 over the past month.
In general, the price of a barrel of Azerbaijani oil on the world market increased by 61.3% or USD 31.21 and amounted to USD 82.13.