Azerbaijani oil trades at $113

ECONOMY04.11.2026
Azerbaijani oil trades at $113

Azerbaijani oil of “Azeri Light” (CIF) brand has become cheaper in world markets.

elchi reports that the price of one barrel of Azerbaijani oil has decreased by $3.05 or 2.62% to $113.45.

It should be noted that the previous price of Azerbaijani oil was $116.5.

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