Azerbaijani oil price surpasses $78

The price of a barrel of Azerbaijan's Azeri LT CIF oil in the world market has surged by $1.57 or 2.04% to $78.50 per barrel, Report informs.

The lowest price for Azeri Light was recorded on April 21, 2020 ($15.81), and the all-time high of $149.66 was fixed in July 2008.