During last week (11 – 15 September) the average price of 1 barrel of Azeri Light (CIF) branded Azerbaijani oil in the world market was equal to USD 99,038 making a $2,98 or 3,1% increase from the previous week's average price, APA-Economics reports.
The highest indicator (Friday) was $100,56, and the lowest indicator (Monday) was at the level of $96,73 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.