The price of Azerbaijani Azeri Light crude oil (CIF) has decreased in global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $4.82, or 4.8%, to $95.27.
Note that the previous price of Azerbaijani oil stood at $100.09 per barrel.
Recall that Azerbaijan's 2026 state budget was calculated based on an average price of $65 per barrel of Azeri Light crude oil.