Azeri Light oil price drops sharply on world markets

Baku, April 22, AZERTAC Azerbaijani oil price has decreased on the world markets. The price of a barrel of Azeri Light crude oil fell $5.49 to stand at $15.81. The record low of Azeri LT CIF was registered on April 1 this year ($16.53), and the all-time high was recorded in July 2008 ($149.66).