Bank Of Baku

Azerbaijani oil price exceeds $140

Azerbaijani oil price exceeds $140
# 03 April 2026 09:48 (UTC +04:00)

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

The price of Azerbaijani oil rose by $10.89 or 8.3% to $141.68 per barrel.

Note that the previous price of Azerbaijani oil stood at $130.79 per barrel.

Recall that the average price of Azeri Light crude oil in Azerbaijan’s state budget for this year was set at $65 per barrel.

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