Bank Of Baku

Azerbaijani oil price exceeds $73

Azerbaijani oil price exceeds $73
# 24 February 2026 09:50 (UTC +04:00)

Azerbaijan’s Azeri Light (CIF) crude oil has risen in price on global markets, APA-Economics reports.

The price of Azerbaijani oil increased by $1.11, or 1.54%, to $73.31 per barrel.

It should be noted that the previous price of Azerbaijani oil stood at $72.20 per barrel.

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

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