Bank Of Baku

Azerbaijani oil is trading at $79.76

Azerbaijani oil is trading at $79.76
# 24 June 2026 09:53 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil fell by 0.83%, or $0.67, to $79.76.

Note that the previous price of Azerbaijani oil stood at $80.43 per barrel.

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

 

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