Azerbaijani oil price nears $77

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has risen by $2.44 or 3.28% settling at $76.94 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).