Azeri Light Crude Oil Price Drops to $120.68 Per Barrel

Baku:The price of Azeri Light crude oil fell by $3.93, marking a 3.20 percent decrease, to settle at $120.68 per barrel on Wednesday.

According to Azerbaijan State News Agency, The historical low for Azeri Light was recorded at $15.81 per barrel on April 21, 2020. In contrast, the highest price ever reached was $149.66 per barrel in July 2008.