Bank Of Baku

Azerbaijani oil price rises on global markets

Azerbaijani oil price rises on global markets
# 11 June 2026 09:38 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by USD 1.09, or 1.14%, to USD 96.36.

Note that the previous price of Azerbaijani oil was USD 95.27 per barrel.

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

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