Price of Azeri Light (CIF) crude oil has increased on the world market, News.az reports.

The price of a barrel of Azerbaijani oil rose by USD 0.83 or 1% to stand at USD 84.11.

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.