Bank Of Baku

Azeri Light crude rises to $93.91 per barrel

Azeri Light crude rises to $93.91 per barrel
# 21 July 2026 10:08 (UTC +04:00)

The price of Azerbaijan's Azeri Light crude oil (CIF) has increased on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $2.41, or 2.63%, to $93.91.

It should be noted that the previous price of Azerbaijani oil stood at $91.50 per barrel.

Recall that Azerbaijan's 2026 state budget is based on an average price of $65 per barrel for Azeri Light crude oil.

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