Bank Of Baku

Azerbaijani oil price exceeds $86

Azerbaijani oil price exceeds $86
# 04 March 2026 09:48 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by $6.56, or 8.2%, reaching $86.16.

It should be noted that the previous price of Azerbaijani oil stood at $79.6 per barrel.

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

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