09:36 - 20.08.2026

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August 20, Fineko/abc.az. The price of one barrel of Azerbaijan's Azeri Light (CIF) crude oil on the global market increased by $0.90 or 0.95% to reach $95.48.

For context, the average oil price in Azerbaijan's 2026 state budget is set at $65 per barrel. Historical data shows that the lowest recorded price for Azeri Light was $15.81 in April 2020, while its all-time high reached $149.66 in July 2008.