Azerbaijani oil price exceeds $70

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has gone up by $1.44 or 2.09% settling at $70.19 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).