Azerbaijani oil price increased by more than 7% during week

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The price of Azeri Light (CIF) crude oil increased by nearly 7.3% during the past week (May 11-15) on the world market, APA-Economics reports.

The price of a barrel of Azerbaijani oil has increased by $ 2,12 or 7.27%  to stand at on average  $ 29,16.

The highest indicator during the week was $ 32,77, while the lowest was $ 30,66.