Bank Of Baku

Azerbaijani oil price drops below $70

Azerbaijani oil price drops below $70
# 03 February 2026 09:00 (UTC +04:00)

Azerbaijan’s Azeri Light (CIF) crude oil price has declined on global markets, APA-Economics reports.

The price of Azerbaijani oil fell by $3.63 per barrel, or 4.95%, to $69.72.

Note that the previous price of Azerbaijani oil was $73.35 per barrel.

Recall that Azerbaijan’s state budget for this year is based on an average Azeri Light oil price of $65 per barrel.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED