Azerbaijani oil price tops $103

ECONOMY10.03.2026
Azerbaijani oil price tops $103

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 8.41 US dollars or 8.9%, reaching 103.03 US dollars.

It should be noted that the previous price of Azerbaijani oil was 94.62 US dollars.

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