Bank Of Baku

Azeri Light oil falls to $80.43 per barrel

Azeri Light oil falls to $80.43 per barrel
# 23 June 2026 09:42 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil fell by $2.52, or 3.04%, to $80.43.

Note that the previous price of Azerbaijani oil was $82.95 per barrel.

Recall that Azerbaijan’s 2026 state budget was calculated based on an average oil price of $65 per barrel for Azeri Light crude.

 

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