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.