Azerbaijani oil price surpasses $140

ECONOMY03.04.2026
Azerbaijani oil price surpasses $140

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 10.89 US dollars or 8.3%, reaching 141.68 US dollars.

It should be noted that the previous price of Azerbaijani oil was 130.79 US dollars.

It is worth recalling 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.