The price of Azerbaijani oil has increased in the world market.
“Elchi” reports that the price of a barrel of “Azeri Light” Azerbaijani oil has increased by 1.29 US dollars, or 1.07%, reaching 122.37 US dollars.
Previously, Azerbaijani oil was traded at 121.08 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.