Baku: The price of Azeri Light crude oil decreased by $1.53, or 1.60 percent, to $93.97 per barrel on Friday. This marks a notable shift in the market for Azerbaijani oil.

According to Azerbaijan State News Agency, the all-time low for Azeri Light was $15.81 per barrel on April 21, 2020. Conversely, its record high stood at $149.66 per barrel in July 2008. These figures highlight the volatility and shifts within the oil market over recent years.