Azerbaijani oil price surges by 1%

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The price of Azerbaijan’s Azeri LT CIF crude oil traded in the financial markets has increased by $0.69 or 1% settling at $69.38 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).