Azeri Light oil surges to $84 amid continued market growth

The price of Azeri Light (CIF) oil has climbed further on global markets, marking a significant increase in value.

The cost per barrel of Azerbaijani oil rose by $0.39, reaching $84.33, reflecting a 0.46 per cent rise compared to the previous day's trading price of $83.94, Caliber.Az reports.

The continued upward trend underscores robust market demand and positive sentiment surrounding Azeri Light oil, which continues to be a pivotal commodity in global energy markets.