Baku: Azeri Light (CIF) crude oil price has experienced a slight increase in global markets, APA-Economics reports. The price per barrel of Azerbaijani oil rose by $0.11, reaching a new price point of $73.32.

According to Azeri-Press News Agency, the previous price for Azerbaijani oil was $73.21 per barrel. The minor increase reflects ongoing fluctuations in the global oil market, impacting the pricing of crude oil worldwide.