Bank Of Baku

Azerbaijani oil price falls to $121 per barrel

Azerbaijani oil price falls to $121 per barrel
# 18 September 2026 09:46 (UTC +04:00)

Azerbaijani oil traded above $121 per barrel, APA-Economics reports.

The price of a barrel of Azerbaijani Azeri Light crude oil decreased by $1.07 to $121.08.

Previously, Azerbaijani oil was traded at $122.15 per barrel.

Note that the average price of a barrel of oil in Azerbaijan's 2026 state budget was set at $65.

 

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