Baku: The price of Azerbaijani oil increased in global markets. The price of Azeri Light crude rose by $1.24, or 1.66 percent, to $75.60 per barrel on Tuesday.

According to Azerbaijan State News Agency, the all-time low for Azeri Light was $15.81 per barrel on April 21, 2020, while its record high was $149.66 per barrel in July 2008.