Bank Of Baku

Azerbaijani oil price increased in price

Azerbaijani oil price increased in price
# 28 January 2026 09:36 (UTC +04:00)

Azeri Light (CIF) crude oil from Azerbaijan has increased in price on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $1.45, or 2.14%, to $69.31.

Note that the previous price of Azerbaijani oil stood at $67.86 per barrel.

Recall that Azerbaijan’s state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude.

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