Bank Of Baku

Azerbaijani oil trades at around $102 per barrel

Azerbaijani oil trades at around $102 per barrel
# 28 May 2026 09:26 (UTC +04:00)

The price of Azerbaijani oil branded as Azeri Light (CIF) has decreased on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil fell by $4.18, or 3.9%, to $102.3.

Note that the previous price of Azerbaijani oil stood at $106.48 per barrel.

Recall that the average price of one barrel of Azerbaijani oil branded as Azeri Light was calculated at $65 in Azerbaijan’s state budget for this year.

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