10:11 - 11.11.2026

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November 11, Fineko/abcnews. The price of Azerbaijan's flagship "Azeri Light" (CIF) crude oil declined by $1.50 or 1.49% to settle at $99.40 per barrel in international energy markets.

With this latest market correction, Azerbaijan's benchmark crude has dipped below the key psychological threshold of $100 per barrel amid shifting sentiment across global commodity trading platforms.

For reference, the historical low for Azeri Light was recorded on April 21, 2020, at $15.81 per barrel, while its all-time high of $149.66 per barrel was established in July 2008.