Bank Of Baku

Azerbaijani oil trades at $104.2

Azerbaijani oil trades at $104.2
# 05 September 2026 09:52 (UTC +04:00)

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

The price of a barrel of Azerbaijani oil decreased by $0.78, or 0.74%, to $104.20.

It should be noted that the previous price of Azerbaijani oil was $104.98.

Recall that Azerbaijan’s state budget for this year calculates the average price of a barrel of Azeri Light crude oil at $65.

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