“Azeri Light” oil price nears $95

ECONOMY07.03.2026
“Azeri Light” oil price nears $95

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

“Elchi” reports that the price of 1 barrel of Azerbaijani oil increased by 6.72 US dollars or 7.65%, reaching 94.62 US dollars.

It should be noted that the previous price of Azerbaijani oil was 87.9 US dollars.

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