10:48 - 16.10.2026

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October 16, Fineko/abc.az. The price of Azerbaijan's benchmark "Azeri Light" crude oil has decreased on the global market. The price per barrel fell by $5.1, or 4.1%, standing at $119.04.

Historically, the lowest recorded price for "Azeri Light" was $15.81 per barrel on April 21, 2020, while its all-time high was reached in July 2008 at $149.66 per barrel.