Baku: The price of Azeri Light (CIF) brand Azerbaijani oil has increased on world markets. The price of one barrel of Azerbaijani oil rose by USD 0.48 or 0.71%, reaching USD 67.62.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was USD 67.14. This increase reflects a positive shift in the market valuation of the Azeri Light brand.