Baku: In the world markets, Azerbaijan oil of the "Azeri Light" (CIF) brand has experienced a price increase, APA-Economics reports. The price of Azerbaijani oil per barrel has risen by USD 1.07, marking a 1.61% increase, and now stands at USD 67.72.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was USD 66.65. This rise reflects changing trends in global oil markets, impacting the value of Azerbaijan's oil exports.