Azerbaijani oil prices decreased by more than 8%

Azerbaijani oil prices decreased by more than 8%
# 16 March 2023 09:58 (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 6,99 or 8,6% to stand at USD 74,42.

Note that the average price of a barrel of Azeri Light brand oil was 103,58 US dollars in 2022.

During 2022, the highest price of Azeri Light (CIF) brand oil was 135,99 US dollars per barrel on March 8, and the lowest price was recorded at 78,07 US dollars on December 8.

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