Baku: The price of Azeri Light (CIF) branded Azerbaijani oil has decreased on world markets. The price per barrel dropped by $0.13 or 0.2% yesterday, settling at $63.63. The previous trading price was $63.76 per barrel.

According to Azeri-Press News Agency, this decline marks a continuation of the downward trend in Azerbaijani oil prices, reflecting ongoing fluctuations in the global oil market.