• $
  • €
  • ₽
  • ₺
  • £
ALL NEWS Political News Society Culture Business Sport World Photo Video
Categories Business

Azeri Light Crude Drops to $116.26 per Barrel on Global Markets

Azeri Light Crude Drops to $116.26 per Barrel on Global Markets
19.10.2026 14:29

The price of Azerbaijan's flagship crude grade, Azeri Light on a CIF basis, declined during trading on global markets.

The price per barrel dropped by $2.78, or 2.34%, to settle at $116.26. In previous trades, the Azerbaijani crude was priced at $119.04 per barrel.

Azerbaijan's state budget for 2026 is calculated based on an average crude oil price of $65 per barrel.

N. Tebrizli

Similar news
Similar news
Karabakh Mine Clearance: Over 1,400 Hectares Cleared in a Week
Business 18:00
Karabakh Mine Clearance: Over 1,400 Hectares Cleared in a Week
President Ilham Aliyev Honors Azerbaijani Energy Workers
Business 17:00
President Ilham Aliyev Honors Azerbaijani Energy Workers
Kapital Bank finances an energy efficiency project: solar panels are being installed
Business 16:24
Kapital Bank finances an energy efficiency project: solar panels are being installed
Weather Forecast for Oct. 20: Dry in Baku, Showers and Mountain Snow in Regions
Business 16:00
Weather Forecast for Oct. 20: Dry in Baku, Showers and Mountain Snow in Regions
Azeri Light Crude Drops to $116.26 per Barrel on Global Markets
Business 14:29
Azeri Light Crude Drops to $116.26 per Barrel on Global Markets
Natural Gas Futures Edge Lower on NYMEX
Business 13:29
Natural Gas Futures Edge Lower on NYMEX
Central Bank of Azerbaijan Announces Exchange Rates: Euro and Ruble Edge Up
Business 12:30
Central Bank of Azerbaijan Announces Exchange Rates: Euro and Ruble Edge Up
Turkey Targets 1 Million Barrels per Day in Crude Oil Output
Business 12:00
Turkey Targets 1 Million Barrels per Day in Crude Oil Output
Children’s savings deposit from ABB Bank
Business 11:42
Children’s savings deposit from ABB Bank
Anews TV

Our official Youtube channel

Subscribe

Latest news

Business 18:00
Karabakh Mine Clearance: Over 1,400 Hectares Cleared in a Week
Society 17:27
Death Toll from Floods in Turkey Rises to Nine
Business 17:00
President Ilham Aliyev Honors Azerbaijani Energy Workers
Society 16:30
Magnitude 3.5 Earthquake Strikes Caspian Sea
Business 16:24
Kapital Bank finances an energy efficiency project: solar panels are being installed
Business 16:00
Weather Forecast for Oct. 20: Dry in Baku, Showers and Mountain Snow in Regions
Society 15:30
Azerbaijan Subordinates Healthcare Agency TABIB to Health Ministry Under Presidential Decree
Society 15:00
Teymur Musayev Named Deputy Prime Minister, Anar Bayramov Appointed Health Minister
Society 14:50
Bakcell CEO meets with ADA University students
Business 14:29
Azeri Light Crude Drops to $116.26 per Barrel on Global Markets
Society 14:00
Azerbaijani Businesses Can Now Delegate Digital Signature Powers Indefinitely via SİMA
Business 13:29
Natural Gas Futures Edge Lower on NYMEX
World 13:00
Iran Warns US Against Renewed Attacks, Cites "Unfinished Business"
Business 12:30
Central Bank of Azerbaijan Announces Exchange Rates: Euro and Ruble Edge Up
Business 12:00
Turkey Targets 1 Million Barrels per Day in Crude Oil Output
More news
Aliyev, Erdogan and Pashinyan hold joint discussion in Prague
16:23

Aliyev, Erdogan and Pashinyan hold joint discussion in Prague

Photo
To the loving memory of Azad Khalilov - PHOTOS
17:58

To the loving memory of Azad Khalilov - PHOTOS

Photo
Turkish, Iraqi foreign ministries hold political consultations
17:27

Turkish, Iraqi foreign ministries hold political consultations

Photo
16:30

"Freedom for Misha!" inscriptions appear in key Georgian cities

Photo
Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO
17:30

Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO

Video
Los Angeles Police deny Armenian lobby’s allegations - VİDEO
10:06

Los Angeles Police deny Armenian lobby’s allegations - VİDEO

Video
Luis Suarez sends emotional message of support to cancer sufferer
12:31

Luis Suarez sends emotional message of support to cancer sufferer

Video
Horrors in India's Dairy Industry
12:02

Horrors in India's Dairy Industry

Video