The price of Azerbaijani oil has increased in the world market.
elchi reports that the price of a barrel of “Azeri Light” Azerbaijani oil increased by 0.91 US dollars, or 0.78%, to 117.74 US dollars.
Previously, Azerbaijani oil was traded at 116.83 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.