NEWSCaspian Sea Azerbaijani oil price nears $70 March 12, 2021 389 Azeri LT CIF crude oil price rose by $ 2.12 or 3.14% to $ 69.72 a barrel, Report says. The lowest Azeri LT CIF price was on April 21, 2020 ($15.81), and the all-time high in July 2008 ($149.66).