The price of Azerbaijani oil in the world market has approached $102.
elchi reports that the price of a barrel of “Azeri Light” Azerbaijani oil has increased by 4.35 US dollars, or 4.46%, rising to 101.96 US dollars.
Previously, Azerbaijani oil was traded at 97.61 US 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.