Bank Of Baku

Azerbaijani oil declines in price

Azerbaijani oil declines in price
# 13 June 2026 10:15 (UTC +04:00)

The price of Azerbaijani Azeri Light crude oil (CIF) has decreased on global markets, APA-Economics reports.

According to the information, the price of one barrel of Azerbaijani oil fell by $6.35, or 6.6%, to $90.5.

It should be noted that the previous price of Azerbaijani oil stood at $96.85 per barrel.

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

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