Bank Of Baku

Azeri Light crude rises to $98.19 per barrel

Azeri Light crude rises to $98.19 per barrel
# 30 July 2026 10:51 (UTC +04:00)

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

The price of one barrel of Azeri Light crude rose by $6.97, or 7.64%, to $98.19.

The previous price of Azerbaijani crude stood at $91.22 per barrel.

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

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