The price of Azerbaijani oil on the world market has exceeded 107 dollars.
“Elchi” reports that the price of a barrel of “Azeri Light” brand Azerbaijani oil has increased by 3.11 US dollars or 2.98%, rising to 107.31 US dollars.
Previously, Azerbaijani oil was traded at 104.20 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.