The price of Azerbaijan’s Azeri Light crude oil (CIF) has slightly decreased on world markets, APA-Economics reports.
The price of one barrel of Azerbaijani oil fell by $2.54 to $80.06.
Note that the previous price of Azerbaijani oil stood at $82.60 per barrel.
Recall that Azerbaijan’s 2026 state budget is based on an average Azeri Light oil price of $65 per barrel.