Bank Of Baku

Azerbaijani oil price exceeds $97

Azerbaijani oil price exceeds $97
# 02 September 2026 09:37 (UTC +04:00)

The price of Azerbaijani oil on the global market has exceeded $97, APA-Economics reports.

The price of a barrel of Azeri Light crude rose by $4.72, or 5.08%, to $97.61.

Previously, Azerbaijani oil was traded at $92.89.

Note that Azerbaijan’s 2026 state budget assumes an average oil price of $65 per barrel.

 

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