Bank Of Baku

Azerbaijani oil rises by nearly 2%

Azerbaijani oil rises by nearly 2%
# 25 April 2026 11:16 (UTC +04:00)

The price of Azerbaijan’s Azeri Light (CIF) crude oil has increased in global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $1.95 or 1.7% to $113.97.

It should be noted that the previous price of Azerbaijani oil stood at $112.02.

Recall that the average price of one barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year is set at $65.

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