Bank Of Baku

Azerbaijani oil price reaches $128

Azerbaijani oil price reaches $128
# 16 September 2026 09:33 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil increased by $0.74 to $128.03.

Note that the previous price of Azerbaijani oil was $120.02.

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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