Bank Of Baku

Azeri Light crude rises to $88.82 per barrel

Azeri Light crude rises to $88.82 per barrel
# 17 July 2026 10:04 (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 crude rose by $1.99, or 2.3%, to $88.82.

The previous price of Azeri Light crude was $86.83 per barrel.

It should be recalled that Azerbaijan's 2026 state budget is based on an average Azeri Light oil price of $65 per barrel.

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