Baku:The price of Azeri Light crude oil experienced a significant increase, rising by $2.25, or 1.9 percent, to reach $121.95 per barrel on Friday.
According to Azerbaijan State News Agency, the lowest recorded price for Azeri Light was $15.81 per barrel on April 21, 2020. In contrast, its highest recorded price was $149.66 per barrel in July 2008.