Azerbaijan oil price approaches $71

ECONOMY19.02.2026
Azerbaijan oil price approaches $71

The price of Azerbaijani oil of the Azeri Light (CIF) brand has increased in world markets.

“Elchi” reports that the price of 1 barrel of Azerbaijani oil increased by 2.03 US dollars or 2.95% to 70.95 US dollars.

It should be noted that the previous price of Azerbaijani oil was 68.92 US dollars.

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