Azeri Light remains above Azerbaijan’s budget benchmark

The price of Azerbaijan’s Azeri Light crude edged down on global markets but remained well above the level assumed in the state budget.

Azeri Light fell by $0.06, or 0.05%, to $122.26 per barrel, compared with the previous price of $122.32.

Despite the slight decline, the current price is almost twice as high as the $65 per barrel benchmark set in Azerbaijan’s 2026 state budget.