Azeri Light crude price rises to $93.91 per barrel

The price of Azerbaijan’s Azeri Light crude oil on a CIF basis rose by $2.41, or 2.63%, on the global market to $93.91 per barrel.

The previous price stood at $91.50 per barrel. 

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

N. Tebrizli