Baku: The price of Azeri Light (CIF) branded Azerbaijani oil has increased in world markets. The price per barrel rose by 1.04 USD or 1.4% to reach 75.18 USD.
According to Azeri-Press News Agency, the previous trading session saw Azerbaijani oil priced at 74.14 USD per barrel. This marks a notable increase in the market price within a short span.