Azerbaijani oil drops by over 5%

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has declined by $3.58 or 5.2% to $65.41, Report informs.

The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.