Azerbaijani Crude Drops Over 5% to $96.73 a Barrel

The price of Azerbaijan's "Azeri Light" (CIF) crude oil has dropped on global markets.

Operativ Media reports that the price of Azerbaijani crude fell by $5.14, or 5.05%, to $96.73 per barrel.

Previously, Azerbaijani oil was priced at $101.87 per barrel.