The price of Azerbaijani oil on the world market has exceeded $126.
The price of a barrel of Azerbaijani oil of the “Azeri Light” brand has increased by 4.64 US dollars, or 3.81%, to 126.59 US dollars.
Previously, Azerbaijani oil was traded at 121.95 US dollars.
It should be noted that the average price of a barrel of oil in Azerbaijan’s state budget for 2026 has been set at the level of 65 US dollars.