Azerbaijani oil prices have increased

ECONOMY19.05.2026
Azerbaijani oil prices have increased

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

elchi reports that the price of 1 barrel of Azerbaijani oil has increased by 1.75 USD or 1.5%, reaching 118.16 USD.
It should be noted that the previous price of Azerbaijani oil was 116.41 USD.

Let us recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of “Azeri Light” Azerbaijani oil was calculated at 65 USD.