Baku: The price of Azeri Light crude oil experienced a decline, dropping by $0.12, or 0.18 percent, to settle at $66.22 per barrel on Tuesday.

According to Azerbaijan State News Agency, the Azeri Light crude oil market has seen significant fluctuations over the years. The all-time low for Azeri Light was recorded at $15.81 per barrel on April 21, 2020, while the record high reached $149.66 per barrel in July 2008.