Bank Of Baku

Azerbaijani oil price rises

Azerbaijani oil price rises
# 10 August 2026 13:37 (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 rose by $0.56, or 0.6%, to $93.93.

Note that the previous price of Azerbaijani oil was $93.37 per barrel.

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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