The price of Azerbaijani oil on the global market has once again fallen below $100 per barrel, APA-Economics reports.
The price of a barrel of Azerbaijan's Azeri Light crude oil decreased by $0.75, or 0.75%, to $99.88.
Previously, Azerbaijani oil was traded at $100.63 per barrel.
Note that Azerbaijan's 2026 state budget assumes an average oil price of $65 per barrel.