Bank Of Baku

Azerbaijani oil price rises

Azerbaijani oil price rises
# 20 June 2026 10:19 (UTC +04:00)

The price of Azerbaijan's Azeri Light crude oil (CIF) has increased on world markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $2.89 to $82.95.

It should be noted that the previous price of Azerbaijani oil stood at $80.06 per barrel.

Recall that Azerbaijan's 2026 state budget was based on an average oil price of $65 per barrel for Azeri Light crude.

 

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