Paşha Bank
Bank Of Baku

Azerbaijani oil trades at around $128 per barrel

Azerbaijani oil trades at around $128 per barrel
# 14 October 2026 09:49 (UTC +04:00)

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

The price of Azerbaijani oil fell by $3.75, or 2.85%, to $127.87 per barrel.

It should be noted that the previous price of Azerbaijani oil was $131.62 per barrel.

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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