17:40 - 18.08.2026

---

August 18, Fineko/abc.az. In the first half of this year, the average export price for a barrel of Azerbaijan's Azeri Light crude oil on the global market reached 94.5 USD.

According to the Ministry of Finance's report on the execution of the 2026 state and consolidated budgets for H1, this figure is 45.4% higher than the baseline price of $65 per barrel used in the initial budget calculations.

Monthly Price Breakdown:

• January: $58.4

• February: $71.1

• March: $106.4

• April: $120.1

• May: $111.8

• June: $89.0