Azeri Light Crude Price Drops to $93.97

10:26 - 14.08.2026


August 14, Fineko/abc.az. The price of one barrel of Azerbaijan's Azeri Light crude oil on the global market fell by $1.53, or 1.6%, to $93.97.

For context, Azerbaijan's 2026 state budget is calculated based on an average oil price of $65 per barrel.

For reference: The historic low for Azeri Light was recorded in April 2020 ($15.81 per barrel), while its all-time high was reached in July 2008 ($149.66 per barrel).