Bank Of Baku

Azerbaijani oil rises in price

Azerbaijani oil rises in price
# 07 July 2026 09:37 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by $0.78, or 1.1%, to $73.71.

Note that the previous price of Azerbaijani oil stood at $72.93 per barrel.

Recall that the average price of one barrel of Azeri Light crude oil was set at $65 in Azerbaijan's state budget for this year.

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