Sharp Increase in Price of Azeri Light Crude Oil

1 hour ago
Sharp Increase in Price of Azeri Light Crude Oil

Baku (Turkiye News): A significant increase has been recorded in the price of Azeri Light crude oil in the global market.

According to data, the price of Azeri Light rose by $10.89, reaching $141.68 per barrel, reflecting an increase of 8.3%. Previously, its price stood at $130.79 per barrel.

Experts say that fluctuations in oil prices continue due to rising global energy demand and geopolitical tensions, while the recent surge reflects growing uncertainty in the energy sector.