Baku: The price of Azeri Light crude oil experienced a rise of $5.45, marking a 4.93 percent increase, and settled at $115.93 per barrel on Wednesday. According to Azerbaijan State News Agency, Azeri Light crude oil has seen significant fluctuations in its pricing history. The all-time low was recorded at $15.81 per barrel on April 21, 2020, during a period of global economic uncertainty. In contrast, the record high for Azeri Light was $149.66 per barrel in July 2008.