Baku: The price of Azeri Light crude oil experienced a decrease, falling by $0.30, or 0.43%, to settle at $69.31 per barrel on Friday.

According to Azerbaijan State News Agency, the latest adjustment in price reflects ongoing trends in the global oil market. Historical data shows that the lowest price recorded for Azeri Light was $15.81 per barrel on April 21, 2020, while the highest was $149.66 per barrel in July 2008.