Bank Of Baku

Price of Azerbaijani oil approaches $110

Price of Azerbaijani oil approaches $110
# 09 May 2026 10:49 (UTC +04:00)

The price of Azerbaijani oil on the world market has increased by more than $4, APA-Economics reports.

The price of one barrel of Azerbaijani oil марки “Azeri Light” increased by $4.43, or 4.2%, reaching $109.98.

During the previous trading session, “Azeri Light” crude was traded at $105.55 per barrel.

It should be noted that the price of Azerbaijani oil was set at $65 in the state budget for 2026.

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