Bank Of Baku

Azeri Light crude price declines on global markets

Azeri Light crude price declines on global markets
# 17 June 2026 09:47 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil fell by $3.94 to $82.61.

Note that the previous price of Azerbaijani oil stood at $86.55 per barrel.

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

 

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