Baku: Azeri Light crude oil experienced a price decrease of $2.98, or 3.63 percent, settling at $79.09 per barrel on Friday.
According to Azerbaijan State News Agency, the current price drop reflects market fluctuations. The all-time low for Azeri Light was recorded at $15.81 per barrel on April 21, 2020, while its record high was $149.66 per barrel in July 2008.