Azeri Light Crude Price Rises to $96.68 per Barrel

09:41 - 21.08.2026


August 21, Fineko/abc.az. The price of one barrel of Azerbaijan's "Azeri Light" crude oil on the global market increased by $1.20 or 1.26% to reach $96.68.

In Azerbaijan's state budget for 2026, the average price of oil is projected at $65 per barrel. For reference, the all-time low for Azeri Light was recorded in April 2020 ($15.81), while its historical high was set in July 2008 ($149.66).