Bank Of Baku

Azeri Light crude price rises

Azeri Light crude price rises
# 06 October 2026 09:33 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by $0.60, or 0.48%, to $124.61.

The previous price of Azerbaijani oil was $124.01 per barrel.

Azerbaijan’s 2026 state budget is based on an average Azeri Light crude oil price of $65 per barrel.

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