Azerbaijani oil price falls to $121 per barrel

Azerbaijani oil traded above $121 per barrel.

The price of a barrel of Azerbaijani Azeri Light crude oil decreased by $1.07 to $121.08.

Previously, Azerbaijani oil was traded at $122.15 per barrel.

Note that the average price of a barrel of oil in Azerbaijan's 2026 state budget was set at $65.