Azerbaijan’s oil has fallen by nearly $2, APA-Economics reports.
The price of one barrel of Azeri Light crude, Azerbaijan’s benchmark oil grade, stood at $100.57. This is $1.73, or 1.69%, lower than the previous price.
It should be noted that the previous trading price of Azerbaijani oil was $102.30 per barrel.
It should be recalled that the average price of Azerbaijani oil in the 2026 state budget was set at $65 per barrel.