Baku: The price of Azerbaijani oil of the “Azeri Light” (CIF) brand has increased on global markets, APA-Economics reports. The price of Azerbaijani oil has risen by $1.08 per barrel, or 1.67%, reaching $65.66 per barrel.

According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $64.58 per barrel.