Azerbaijani oil of the “Azeri Light” brand has decreased in price by more than 3 dollars.
“Elchi” reports that the last trading price of a barrel of Azerbaijani oil has fallen by 3.20 dollars, or 3.4%, to 91.93 US dollars.
Previously, a barrel of “Azeri Light” was traded at 95.13 dollars.
It should be noted that in Azerbaijan’s 2026 state budget, the average price of a barrel of oil was set at 65 US dollars.