Bank Of Baku

Azeri Light oil price rises to $94.62 on global markets

Azeri Light oil price rises to $94.62 on global markets
# 07 March 2026 10:06 (UTC +04:00)

Azeri Light (CIF) Azerbaijani oil has increased in price on global markets, APA-Economics reports.

The price of one barrel of Azerbaijani oil rose by $6.72, or 7.65%, reaching $94.62.

It should be noted that the previous price of Azerbaijani oil was $87.9.

Recall that in Azerbaijan’s state budget for this year, the average price of one barrel of “Azeri Light” oil was calculated at $65.

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