Azerbaijani oil price increased by 47% during week


The price of Azeri Light (CIF) crude oil increased by nearly 47.3% during the past week (May 4-8) on the world market, APA-Economics reports.

The price of a barrel of Azerbaijani oil has increased by $ 9.36 or 47.27%  to stand at on average  $ 29,16.

The highest indicator during the week was $ 31.33, while the lowest was $ 24.11.