Azeri Light Oil Price Drops by Nearly $2, Falling to $95

10:06 - 25.08.2026


August 25, Fineko/abc.az. On the global market, the price of 1 barrel of Azerbaijan's Azeri Light crude oil decreased by $1.99, or 2.05%, to stand at $95.13 per barrel.

To recall, the average oil price in Azerbaijan's state budget is set at $65 per barrel. For context, the all-time low for Azeri Light crude was recorded in April 2020 ($15.81 per barrel), while the historical high was reached in July 2008 ($149.66 per barrel).