Azeri Light jumps to $133.23

Global benchmark prices for Azerbaijan's flagship crude blend, Azeri Light (CIF), advanced sharply during latest international trading. The price per barrel surged by $8.04, or 6.42%, to settle at $133.23, up from $125.19 recorded in the preceding trading session.

Azerbaijan's 2026 state budget is calculated based on a conservative baseline oil price assumption of $65 per barrel for Azeri Light.

N.Tebrizli