Bank Of Baku

Azerbaijani oil price approaches $126

Azerbaijani oil price approaches $126
# 25 September 2026 09:38 (UTC +04:00)

The price of Azerbaijani oil has increased on the global market, , APA-Economics reports.

The price of a barrel of Azerbaijan's Azeri Light crude oil rose by $4.51, or 3.7%, to $125.94.

Azeri Light was previously trading at $121.43 per barrel.

Note that Azerbaijan's 2026 state budget is based on an average oil price of $65 per barrel.

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