Paşha Bank
Bank Of Baku

Azerbaijani oil price exceeds $121

Azerbaijani oil price exceeds $121
# 24 September 2026 09:51 (UTC +04:00)

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

The price of a barrel of Azerbaijan’s Azeri Light crude oil rose by $3.69, or 3.13%, to $121.43.

Previously, Azerbaijani oil was trading at $117.74 per barrel.

Note that Azerbaijan’s 2026 state budget is based on an average oil price of $65 per barrel.

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