Azerbaijani Crude Up Over 3.5%

09:43 - 19.08.2026


August 19, Fineko/abc.az. On the global market, the price of a barrel of Azerbaijan's Azeri Light crude oil increased by $3.27 (3.58%) to reach $94.58.

To recall, the average oil price in Azerbaijan's 2026 state budget is set at $65 per barrel.

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