Azerbaijani Oil Sees Price Decline in Global Markets


Baku: The price of Azerbaijani oil branded Azeri Light (CIF) has decreased on world markets.



According to Azeri-Press News Agency, the price of one barrel of Azerbaijani oil has dropped by USD 1.76 or 2.54%, falling to USD 67.66.



This marks a decrease from the previous price of Azerbaijani oil, which was USD 69.42. The change in price reflects current trends in global oil markets.