The price of a barrel of Azeri Light crude oil increased by $2.56 or 3.3% compared to the previous day, settling at $80.91, APA-Economics reports.
Note that Azerbaijani oil was traded at $$78.35 yesterday
"Azeri Light" crude oil reached its lowest level on April 21, 2020, at $15.81 per barrel, and its highest price was recorded in July 2008, at $149.66 per barrel.