Bank Of Baku

Azerbaijani oil price exceeds $95

Azerbaijani oil price exceeds $95
# 11 August 2026 09:17 (UTC +04:00)

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

The price of a barrel of Azerbaijani oil increased by $1.23, or 1.31%, to $95.16.

The previous price of Azerbaijani oil was $93.93 per barrel.

Recall 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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