Bank Of Baku

Azeri Light crude oil price falls to $86.55 per barrel

Azeri Light crude oil price falls to $86.55 per barrel
# 16 June 2026 09:51 (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 $3.95, or 4.36%, to $86.55.

Note that the previous price of Azerbaijani oil stood at $90.5 per barrel.

Recall that the average price of one barrel of Azeri Light crude oil was calculated at $65 in Azerbaijan’s state budget for this year.

 

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