Bank Of Baku

Azerbaijani oil drops in price

Azerbaijani oil drops in price
# 18 March 2026 09:36 (UTC +04:00)

Azerbaijani oil of the "Azeri Light" (CIF) brand has decreased in price on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil fell by $1.03, or 0.94%, to $108.16.

Note that the previous price of Azerbaijani oil was $109.19.

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

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