Azerbaijani oil nears $74

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The price of a barrel of Azerbaijan’s Azeri LT CIF oil in the world market has increased by $0.45 or 0.6% to $73.98 per barrel.

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.