Baku: The price of Azeri Light (CIF) brand oil has become more expensive in world markets. The price per barrel of Azerbaijani oil increased by 1.79 US dollars, or 2.5%, reaching 73.66 US dollars. This marks a notable rise from the previous price of 71.87 dollars. According to Azeri-Press news agency, this increase reflects ongoing shifts in global oil markets. Azerbaijani oil, known for its high quality, is a significant player in the global energy landscape, and changes in its pricing have implications for both domestic and international markets. The rise in price may impact economic forecasts and trading strategies, as stakeholders adjust to the fluctuating market conditions. The dynamics influencing the price of Azerbaijani oil are complex, involving factors such as global demand, geopolitical developments, and production levels. As the market continues to evolve, monitoring these price changes remains crucial for industry analysts and investors alike.