Bank Of Baku

Azeri Light crude oil price rises to $96.85 per barrel

Azeri Light crude oil price rises to $96.85 per barrel
# 12 June 2026 09:49 (UTC +04:00)

The price of Azerbaijani Azeri Light crude oil (CIF) has increased on world markets, APA-Economics reports

The price of one barrel of Azerbaijani oil rose by $0.49, or 0.51%, to $96.85.

Noe that the previous price of Azerbaijani oil stood at $96.36 per barrel.

Recall that Azerbaijan’s 2026 state budget was calculated based on an average price of $65 per barrel for Azeri Light crude oil.

 

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