Bank Of Baku

Azerbaijani oil price declines

Azerbaijani oil price declines
# 22 September 2026 09:41 (UTC +04:00)

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

The price of a barrel of Azerbaijani Azeri Light crude oil fell by $5.54, or 4.5%, to $116.83.

Previously, Azerbaijani oil was traded at $122.37 per barrel.

Note that the average oil price in Azerbaijan's 2026 state budget has been set at $65 per barrel.

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