Azerbaijani oil price nears $74

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $1.24 or 1.7 % settling at $73.98 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).