Bank Of Baku

Azerbaijani oil price exceeds $94

Azerbaijani oil price exceeds $94
# 19 August 2026 09:24 (UTC +04:00)

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

The price of a barrel of Azerbaijani oil increased by $3.27, or 3.58%, to $94.58.

The previous price of Azerbaijani oil was $91.31.

Note that Azerbaijan’s state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.

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