Azeri Light oil price jumps

The price for Azeri LT CIF crude oil, exported from Azerbaijan to the world markets, has gone up to $ 1.34 or 3.03 %, settling at $ 45.48 per barrel.
The lowest amount for Azeri LT CIF was recorded on April 21, 2020 ($ 15.81), and in July 2008, the maximum rate was $ 149.66.

Notably, Brent crude stayed above the $45 price level at London’s trading session on Monday.

However, the black hydrocarbon pulled back some of its gains over ongoing concerns about global energy demand as the number of global COVID-19 caseloads keeps rising. Brent stayed above the $45 price level at London’s trading session on Monday.