Azerbaijani oil price increased by more than 61% over the last year
According to results of December of 2021, an average price of a barrel of Azeri Light (CIF) oil on the world market was USD 76.2, which is USD 6.57 or 7.9% less in comparison with an average price of November, SİA reports.
The highest indicator of the previous month was USD 82.13 (December 30), while the lowest was USD 71.38 (December 2). Price of Azerbaijani oil increased by 12.7% or by USD 9.27 over the past month.
In general, the price of a barrel of Azerbaijani oil on the world market increased by 61.3% or USD 31.21 and amounted to USD 82.13.
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