Azeri Light crude exceeds $105 per barrel

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The price of a barrel of Azeri Light crude oil increased by $10.15, or 10.6%, reaching $105.58.

Previously, the price of Azeri Light exceeded $100 per barrel during several periods, including 2008, 2011–2013, 2022, and 2023.

The lowest price ever recorded for Azeri Light occurred during the COVID-19 pandemic, when a barrel of Azerbaijani oil was sold for $15.8.

Economy