10:17 - 17.09.2026

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September 17, Fineko/abc.az. The price of Azerbaijan's "Azeri Light" (CIF) crude oil has declined in global markets. The price per barrel fell by $5.88 or 4.59%, settling at $122.15.

For context, the historical all-time low for "Azeri Light" was recorded in April 2020 ($15.81 per barrel), while its all-time high was reached in July 2008 ($149.66 per barrel).

It should be noted that the average price of crude oil in the 2026 state budget of the Republic of Azerbaijan is projected at $65 per barrel.