Bank Of Baku

Azerbaijani oil trading at around $122.5 per barrel

Azerbaijani oil trading at around $122.5 per barrel
# 29 September 2026 09:57 (UTC +04:00)

The price of Azerbaijani oil has decreased on the global market, APA-Economics reports.

The price of a barrel of Azeri Light crude oil fell by $0.97, or 0.79%, to $122.49.

Previously, Azerbaijani oil was trading at $123.46 per barrel.

Note that the average oil price in Azerbaijan’s 2026 state budget is set at $65 per barrel.

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