Baku:Azeri Light crude oil’s price has decreased by $2.48, or 1.97 percent, landing at $123.46 per barrel on Saturday.
According to Azerbaijan State News Agency, the current price represents a significant drop from its record high of $149.66 per barrel seen in July 2008.
Additionally, the all-time low for Azeri Light was observed at $15.81 per barrel on April 21, 2020.