Azerbaijani oil price increase
Ulviyya Shahin
Read moreThe price of Azerbaijani oil has increased in the world market, Azernews reports.
The price of one barrel of "Azeri Light" brand oil increased by $0.68 or 0.76 percent to $89.27.
Note that the lowest price of "Azeri Light" oil was recorded on April 21, 2020 (US$15.81), and the maximum price was recorded in July 2008 (US$149.66).
Oil prices have surged in global markets.
On the London InterContinental Exchange Futures (ICE), Brent crude oil increased by $0.38, reaching a trading value of $85.46. Similarly, the price of Light crude oil on the New York Mercantile Exchange (NYMEX) rose by $0.59, reaching a current value of $83.44.
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