Baku: The price of Azeri Light crude oil has witnessed a decrease of $0.26, or 0.34 percent, settling at $75.34 per barrel on Wednesday. This change reflects a slight downturn in the pricing of this specific grade of crude oil. According to Azerbaijan State News Agency, the price fluctuation for Azeri Light is part of a broader trend in the oil market. Historically, Azeri Light hit an all-time low of $15.81 per barrel on April 21, 2020, during a period marked by global economic challenges. Conversely, its all-time high was recorded in July 2008 when it reached $149.66 per barrel, highlighting the volatility experienced in the oil markets over the years.