Azerbaijani oil price dropped slightly

The price of Azeri Light (CIF) crude oil has decreased on the world markets, APA-Economics reports.

The price of a barrel of Azerbaijani oil decreased by o.16% or USD 0.14 to stand at USD 89.25.

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