Azerbaijani oil drops in value

11:02 - 16.06.2026


June 16, Fineko/abc.az. A decrease in the cost of Azerbaijani oil has been recorded on the world market.

As it transmits ABC.AZ The price of one barrel of crude oil Azeri Light declined by $3.95 (4.36%) to $86.55.

The minimum price for Azeri Light was fixed on April 21, 2020 ($15.81 per barrel) and the historical maximum in July 2008 ($149.66 per barrel).