Bank Of Baku

Azerbaijani oil price slightly decreased

Azerbaijani oil price slightly decreased
# 28 February 2026 10:37 (UTC +04:00)

The price of Azerbaijan’s “Azeri Light” (CIF) crude oil has decreased on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil fell by $0.03, or 0.04%, to $72.75.

Note that the previous price of Azerbaijani oil stood at $72.78 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.

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