Azeri Light tops $120 per barrel

The price of Azerbaijan’s Azeri Light crude (CIF) rose on global markets, exceeding $120 per barrel, Vesti.az reported.

The price increased by $6.43, or 5.55%, to $122.32 per barrel, up from $115.89 ранее.

Azerbaijan’s 2026 state budget is based on an average Azeri Light price of $65 per barrel.