Baku:The price of Azeri Light crude oil has seen a notable increase, rising by $2.93, or 2.4 percent, to reach $125.42 per barrel on Thursday.
According to Azerbaijan State News Agency, the pricing shift highlights a significant change from the all-time low of $15.81 per barrel recorded on April 21, 2020. Additionally, the current price remains below the record high of $149.66 per barrel, which was achieved in July 2008.