Bank Of Baku

Azerbaijani oil price falls below $92

Azerbaijani oil price falls below $92
# 26 August 2026 09:26 (UTC +04:00)

Azerbaijani Azeri Light crude oil has fallen by more than $3, APA-Economics reports. 

The latest trading price of a barrel of Azerbaijani oil decreased by $3.20, or 3.4%, to $91.93.

Previously, a barrel of Azeri Light was traded at $95.13.

 

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

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