Bank Of Baku

Azerbaijani oil price exceeds $95

Azerbaijani oil price exceeds $95
# 20 August 2026 09:37 (UTC +04:00)

The price of Azerbaijani Azeri Light crude oil (CIF) has increased on global markets, APA-Economics reports.

The price of a barrel of Azerbaijani oil rose by $0.9, or 0.95%, to $95.48.

Note that the previous price of Azerbaijani oil was $94.58.

Recall that Azerbaijan's state budget for this year is based on an average price of $65 per barrel of Azeri Light crude oil.

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