Baku: The price of Azerbaijani crude oil, known as “Azeri Light,” has experienced an uptick in the global markets. The cost per barrel has increased by $0.65 or 0.94%, reaching $69.34.

According to Azeri-Press News Agency, this rise marks a shift from the previous price of $68.46 per barrel, indicating a notable change in the market dynamics for Azerbaijani oil. This development is being closely monitored by stakeholders in the energy sector.