The price of Azerbaijani Oil Azeri LT CIF in the world market increased by $0.35 or 0.79% per barrel, while currently, the Light Azeri oil costs $44.52 per barrel.
The minimum price for Azeri LT CIF was detected on April 21, 2020 ($15.81), and the maximum - in July 2008 ($149.66).
On July 13, 2020, oil prices dropped at the world's leading exchanges in London and New York.
Specifically, on the London Intercontinental Exchange Futures Europe (ICE Futures Europe), the price of Brent crude oil totaled $42.72 (-0.52) per barrel.
On the New York Mercantile Exchange (NYMEX), the price of Light Sweet crude oil equaled $40.10 (-0.45) per barrel.
Bela Gelashvili
News Author