Azeri Light Crude Oil Surges Past $107

09:40 - 8.09.2026


September 8, Fineko/abc.az. The price of a barrel of Azerbaijan's "Azeri Light" (CIF) crude oil rose by $3.11, or 2.98%, reaching $107.31 in global trading floor transactions.

Rising geopolitical tensions in the global energy market and heightened risks across Middle Eastern supply chains supported the price increase of "Azeri Light" alongside major benchmark crude grades.