Bank Of Baku

Azeri Light crude oil price declines on global markets

Azeri Light crude oil price declines on global markets
# 01 July 2026 09:50 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil fell by 0.26 US dollars, or 0.34%, to 75.34 US dollars.

Note that the previous price of Azerbaijani oil stood at 75.6 US dollars.

Recall that the average price of one barrel of Azerbaijani Azeri Light crude oil has been calculated at 65 US dollars in Azerbaijan's state budget for this year.

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