Bank Of Baku

Azerbaijani oil price falls 1.6%

Azerbaijani oil price falls 1.6%
# 14 August 2026 09:52 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil decreased by $1.53, or 1.6%, to $93.97.

Note that the previous price of Azerbaijani oil was $95.5.

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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