Baku: The price of Azerbaijani oil of the Azeri Light (CIF) brand has seen an increase of more than $1 on world markets. The price of one barrel of Azerbaijani oil rose by $1.35 or 2.03%, reaching $67.78.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $66.43. This marks a notable rise in the market, reflecting changing dynamics and demand for Azerbaijani oil.