Baku:The price of Azerbaijani crude oil experienced a significant increase on international markets, rising by $3.69, or 3.13 percent, to reach $121.43 per barrel.

According to Azerbaijan State News Agency, this marks a notable gain for Azeri Light. Historically, the lowest price recorded for Azeri Light was $15.81 per barrel on April 21, 2020, while the highest was $149.66 per barrel in July 2008.