10:17 - 12.08.2026

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August 12, Fineko/abc.az. The price of Azerbaijan's Azeri Light (CIF) crude oil in the global market increased by $0,41, or 0.43%, reaching $95.57 per barrel.

Historically, the lowest price recorded for Azeri Light was $15.81 per barrel on April 21, 2020, while the all-time high reached $149.66 per barrel in July 2008. Azerbaijan’s state budget for 2026 calculates the average oil price at $65 per barrel.