Bank Of Baku

Azerbaijani oil price rises

Azerbaijani oil price rises
# 01 October 2026 09:39 (UTC +04:00)

The price of Azerbaijan’s Azeri Light crude oil (CIF) has increased on global markets, APA reports.

The price of one barrel of Azerbaijani oil rose by $1.04, or 0.88%, to $119.26.

The previous price of Azeri Light crude stood at $118.22 per barrel.

Azerbaijan’s 2026 state budget was calculated based on an average Azeri Light oil price of $65 per barrel.

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