The price of Azerbaijani oil on the global market has declined again, falling below $101 per barrel, APA-Economics reports.
The price of a barrel of Azerbaijani Azeri Light crude oil decreased by $6.56, or 6.10%, to $100.90.
Previously, Azerbaijani oil was traded at $107.46 per barrel.
It should be noted that Azerbaijan's state budget for 2026 is based on an average oil price of $65 per barrel.