Azerbaijani oil price soars

The price of Azerbaijan's Azeri LT CIF crude oil traded in the financial markets has gone up by $0.67 or 0.96% settling at $70.86 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).