Bank Of Baku

Azerbaijani oil is trading at $99

Azerbaijani oil is trading at $99
# 06 June 2026 10:00 (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 $1.3, or 1.29%, to $99.48.

Note that the previous price of Azerbaijani oil was $100.78 per barrel.

Recall that Azerbaijan’s 2026 state budget was calculated based on an average price of $65 per barrel for Azeri Light crude oil.

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