Baku: Azeri Light (CIF) Azerbaijani oil slightly increased in price on global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil rose by USD 1.06, or 1.49%, to USD 72.2. According to Azeri-Press News Agency, the previous price of Azerbaijani oil was USD 71.14. In this year's state budget of Azerbaijan, the average price of one barrel of Azeri Light oil was calculated at USD 65.