Bank Of Baku

Azerbaijani oil trades at $92.55 per barrel

Azerbaijani oil trades at $92.55 per barrel
# 15 August 2026 10:49 (UTC +04:00)

Azerbaijani Azeri Light (CIF) crude oil has fallen in price on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil decreased by $1.42, or 1.5%, to $92.55.

Note that the previous price of Azerbaijani oil was $93.97.

Recall that Azerbaijan’s state budget for this year was calculated based on an average price of $65 per barrel of Azeri Light crude oil.

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