Azerbaijani oil price exceeds $77

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has increased by $0.52 or 0.68% settling at $77.23 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).