Paşha Bank
Bank Of Baku

Azerbaijani oil price nears $122

Azerbaijani oil price nears $122
# 23 October 2026 11:02 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by $2.25, or 1.88%, to $121.95.

Note that the previous price of Azerbaijani oil was $119.7.

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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