The price of Azerbaijani oil on the global market has approached $93, APA-Economics reports.
The price of a barrel of Azerbaijan’s Azeri Light crude oil increased by $0.58, or 0.63%, to $92.89.
Previously, Azerbaijani oil was traded at $92.31 per barrel.
Note that the average oil price in Azerbaijan’s 2026 state budget was set at $65 per barrel.