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Azerbaijani Oil Price Nears $105 Per Barrel

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Azerbaijan's Azeri Light crude oil price has surged to nearly $105 per barrel, according to the country's Energy Ministry. The price rose by $3.02, or 2.96%, to $104.98 per barrel on Friday.

The all-time low for Azeri Light crude oil was recorded at $15.81 per barrel on April 21, 2020, while its record high stood at $149.66 per barrel in July 2008.

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