Baku (Turkey News): According to a report by Azerbaijan’s state news agency, the price of Azerbaijani crude oil has recorded a decline in the global market.
The report states that the price of Azeri Light crude oil decreased by 4.82 US dollars or 4.82 percent per barrel, bringing the new price to 95.27 dollars per barrel.
According to data, the lowest price of Azeri Light oil was recorded in April 2020 at 15.81 dollars per barrel, while its highest price reached 149.66 dollars per barrel in July 2008.
Experts say that fluctuations in global oil prices are the result of various economic and international factors.