Bank Of Baku

Azeri Light crude price declines on global markets

Azeri Light crude price declines on global markets
# 05 March 2026 09:50 (UTC +04:00)

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

The price of Azerbaijani oil fell by $3.87, or 4.49%, to $82.29 per barrel.

It should be noted that the previous price of Azerbaijani oil was $86.16 per barrel.

Recall that Azerbaijan’s 2026 state budget calculated the average price of Azeri Light crude at $65 per barrel.

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