10:25 - 4.08.2026

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August 4, Fineko/abc.az. The price of Azerbaijan's flagship Azeri Light (CIF) crude oil has decreased on global markets.

The price of one barrel of Azeri Light crude on a CIF basis at the Italian port of Augusta declined by $5.14, or 5.05%, to settle at $96.73 per barrel.

Historical Reference:

• All-time low: April 21, 2020 ($15.81 per barrel)

• All-time high: July 2008 ($149.66 per barrel)