Azerbaijan’s oil price approaches $122

ECONOMY23.10.2026
Azerbaijan’s oil price approaches $122

Azerbaijani oil of the ‘Azeri Light’ (CIF) brand has become more expensive on world markets.

elchi reports that the price of one barrel of Azerbaijani oil has increased by $2.25 or 1.88% to $121.95.

It should be noted that the previous price of Azerbaijani oil was $119.7.

We remind you that the average price of one barrel of ‘Azeri Light’ Azerbaijani oil in Azerbaijan’s state budget for this year was calculated at $65.