Azerbaijani oil price declines by more than 22%

Kanan Sadigov
Author

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has dropped by $10.54 or 22.35%, settling at $36.62 per barrel, Report informs.

Notably, the record low of Azeri LT CIF was registered in December 2001 ($19.15), and the all-time high was recorded in July 2008 ($149.66).

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