Baku: The price of Azerbaijani crude oil has exceeded $128 per barrel. A barrel of Azeri Light crude rose by $3.81, or 3.07%, reaching $128.05.

According to Azerbaijan State News Agency, the lowest price ever recorded for Azeri Light was $15.81 per barrel on April 21, 2020, while the highest price stood at $149.66 per barrel in July 2008.