Bank Of Baku

Azeri Light crude edges lower to $80.06 per barrel

Azeri Light crude edges lower to $80.06 per barrel
# 19 June 2026 10:05 (UTC +04:00)

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.

 

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