Bank Of Baku

Azerbaijani oil price rises by more than 5%

Azerbaijani oil price rises by more than 5%
# 12 March 2026 09:41 (UTC +04:00)

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

The price of Azerbaijani oil per barrel increased by 5.09 US dollars, or 5.6%, reaching 95.43 US dollars.

It should be noted that the previous price of Azerbaijani oil was 90.34 US dollars.

Recall that in Azerbaijan’s state budget for this year, the average price of “Azeri Light” crude oil per barrel was calculated at 65 US dollars.

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