Azerbaijani oil price falls below $64

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has dropped by $2.45 or 3.7% settling at $63.72 per barrel.

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).