Bank Of Baku

Azerbaijani oil price exceeds $108

Azerbaijani oil price exceeds $108
# 09 September 2026 09:45 (UTC +04:00)

The price of Azerbaijan's Azeri Light (CIF) crude oil has increased on global markets, APA-Economics reports.

The price of a barrel of Azerbaijani oil rose by $0.87, or 0.81%, to $108.18.

Note that the previous price of Azerbaijani oil was $107.31.

Recall that Azerbaijan's state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.

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