The price of Azeri Light (CIF) crude oil has increased in the world market, APA-Economics reports.

The price of a barrel of Azerbaijani oil rose by 0,18% or USD 0,16 to stand at USD 89,29.

Note that the average price of a barrel of Azeri Light brand oil was 103,58 US dollars in 2022. Last year, Azeri Light (CIF) oil price increased by 44.6% compared to the indicator of 2021.

Source: Azeri-Press News Agency