Azerbaijan oil price exceeds 72 dollars

ECONOMY12.02.2026
Azerbaijan oil price exceeds 72 dollars

The price of Azerbaijani oil of the “Azeri Light” (CIF) grade has slightly increased in world markets.

Elchi.az reports that the price of 1 barrel of Azerbaijani oil increased by 1.06 US dollars or 1.49% to 72.2 US dollars.

It should be noted that the previous price of Azerbaijani oil was 71.14 US dollars.

It should be reminded that the average price of 1 barrel of Azerbaijani oil of the “Azeri Light” grade is calculated at 65 US dollars in this year’s state budget of Azerbaijan.