Azerbaijani oil drops by almost 4%

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $2.28 or 3.56% settling at $61.81 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).