The price of Azerbaijani oil on global markets has once again exceeded $100 per barrel, APA-Economics reports.
The price of a barrel of Azerbaijan's Azeri Light crude oil increased by $1.23, or 1.24%, to $100.63.
Previously, Azerbaijani oil was traded at $99.40 per barrel.
Note that Azerbaijan's 2026 state budget assumes an average oil price of $65 per barrel.