Azerbaijani oil traded above 122 dollars.
“Elchi” reports that the price of a barrel of Azerbaijani oil of the “Azeri Light” brand has decreased by 5.88 US dollars, or 4.83%, to 122.15 US dollars.
Previously, Azerbaijani oil was traded at 128.03 US dollars.
It should be noted that the average price of a barrel of oil in Azerbaijan’s 2026 state budget was set at 65 US dollars.