Bank Of Baku

Azerbaijani oil trades at $91 per barrel

Azerbaijani oil trades at $91 per barrel
# 06 August 2026 10:00 (UTC +04:00)

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

The price of one barrel of Azerbaijani crude fell by $0.64, or 0.7%, to $91.04.

Note that the previous price of Azerbaijani crude stood at $91.68 per barrel.

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

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