Azerbaijani oil price falls below $ 50 a barrel

Baku. 5 May. REPORT.AZ/ Price of the Azerbaijani Azeri LT CIF crude, selling on world markets, went down by 1,46 USD or 2,85%.

Report informs, price of oil brand Azeri LT CIF now makes 49,79 USD per barrel.

Notably, the minimum price of Azeri LT CIF was recorded in December 2001 (19.15 USD) and the maximum value of the brand was registered in July 2008 (149.66 USD).