Bank Of Baku

Azerbaijani oil price exceeds $109

Azerbaijani oil price exceeds $109
# 14 March 2026 10:23 (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 3.52 US dollars, or 3.33%, reaching 109.10 US dollars.

It should be noted that the previous price of Azerbaijani oil was 105.58 US dollars.

Recall that the average price of a barrel of Azeri Light crude oil in Azerbaijan’s state budget for this year was calculated at 65 US dollars.

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