Azerbaijan's Azeri Light (CIF) crude oil has become more expensive on global markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil increased by $1.95, or 2.65%, to $75.66.
Note that the previous price of Azerbaijani oil stood at $73.71 per barrel.
Recall that Azerbaijan's 2026 state budget is based on an average price of $65 per barrel for Azeri Light crude oil.