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Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets

Azerbaijan’s Azeri Light Crude Drops Sharply on Global Markets
03.11.2026 12:00

The price of Azerbaijan's benchmark crude oil, Azeri Light (CIF delivery basis), recorded a sharp decline on international markets.

The price per barrel of Azeri Light decreased by $9.66, or 7.66%, falling to settle at $116.50.

N. Tebrizli

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