Baku: The price of Azeri Light crude oil saw a slight reduction, decreasing by $0.04 or 0.06%, to settle at $71.71 per barrel.

According to Azerbaijan State News Agency, Azeri Light crude has experienced significant fluctuations in the past, with its lowest price recorded at $15.81 per barrel on April 21, 2020, and its peak price reaching $149.66 per barrel in July 2008.