Azerbaijani oil is trading above $100

ECONOMY05.06.2026
Azerbaijani oil is trading above $100

Azerbaijani oil of the “Azeri Light” (CIF) brand has decreased in price on world markets.

elchi reports that the price of 1 barrel of Azerbaijani oil decreased by 3.62 US dollars, or 3.47%, to 100.78 US dollars.

It should be noted that the previous price of Azerbaijani oil was 104.4 US dollars.

Let us recall 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.