Azeri Light Crude Surges Over 6% to Exceed $127 per Barrel

09:37 - 15.09.2026


September 15, Fineko/abc.az. The price of Azerbaijan's flagship crude oil, "Azeri Light," advanced by $7.27, or 6.06%, to trade at $127.29 per barrel in international energy markets.

The sharp rally in oil benchmarks is largely driven by escalating geopolitical tensions in the Middle East and ongoing supply chain disruptions across Black Sea transit routes, raising broad global supply tightness concerns.