The price of Azerbaijani oil on the global market has again exceeded $92 per barrel, APA-Economics reports.
The price of a barrel of Azerbaijan’s Azeri Light crude oil increased by $0.80, or 0.87%, to $92.31.
Previously, Azerbaijani oil was traded at $91.51 per barrel.
Note that the average oil price in Azerbaijan’s 2026 state budget is set at $65 per barrel.