Baku: Azeri Light (CIF) Azerbaijani oil has decreased in price on world markets, APA-Economics reports. The price of Azerbaijani oil per barrel decreased by $0.08 or 0.1% to $79.22.
According to Azeri-Press News Agency, the previous price of Azerbaijani oil was $79.14. The slight decrease in the price reflects the fluctuations in the global oil markets, impacting Azerbaijani oil exports and pricing strategies. The changes in oil prices are closely monitored by market analysts and stakeholders involved in the energy sector.