Baku: The price of Azerbaijani oil, branded “Azeri Light” (CIF), has slightly increased in global markets, APA-Economics reports. The price of one barrel of Azerbaijani oil has risen by 0.03 US dollars, or 0.04%, reaching 75.18 US dollars.
According to Azeri-Press News Agency, the previous price of Azerbaijani oil was 75.15 US dollars. The small increment in the oil price reflects current market trends and influences.