Bank Of Baku

Azerbaijani Azeri Light crude oil declines in global markets

Azerbaijani Azeri Light crude oil declines in global markets
# 10 June 2026 09:27 (UTC +04:00)

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.

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