Bank Of Baku

Azerbaijan's Azeri Light crude falls to nearly $103 per barrel

Azerbaijan
# 25 July 2026 10:17 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil fell by $6.37, or 5.8%, to $102.73.

It should be noted that the previous price of Azerbaijani oil stood at $109.10 per barrel.

It should be recalled that Azerbaijan's 2026 state budget is based on an average Azeri Light oil price of $65 per barrel.

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