"Azeri Light" (CIF) brand oil has become more expensive in the world market.

"APA-Economics" reports that the price of 1 barrel of Azerbaijani oil increased by 0.40 US dollars or 0.51% and amounted to 78.76 dollars.

It should be noted that in 2022, the average selling price of one barrel of "Azeri Light" (CIF) brand oil was 103.58 US dollars.

Last year, "Azeri Light" (CIF) oil increased in price by 44.6% compared to the indicator of 2021.

During 2022, the highest price of "Azeri Light" (CIF) brand oil was $135.99 per barrel on March 8, and the lowest price was $78.07 on December 8.