Bank Of Baku

Azerbaijani oil price nears $73

Azerbaijani oil price nears $73
# 27 February 2026 09:50 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil increased by $1.32, or 1.85%, to $72,78.

It should be noted that the previous price of Azerbaijani oil was $71,46 per barrel.

Recall that the average price of one barrel of Azeri Light crude oil has been calculated at $65 in Azerbaijan’s state budget for this year.

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