Azeri Light Crude Overtakes $100 as Global Oil Price Jumps 4.5%
Azerbaijan's Azeri Light crude oil has surged above $100 per barrel after the global oil price jumped by 4.5%.
According to Report, the benchmark crude rose by $4.35 or 4.46%, reaching a high of $101.96 per barrel on the global market.
The Azeri Light crude also recorded gains at Türkiye's Ceyhan port, where its price increased by $4.47, or 4.72%, to $99.21 per barrel.