Azeri Light Crude Oil Prices Drop on Global Markets

10:07 - 22.09.2026


September 22, Fineko/abc.az. The price of Azerbaijan's flagship crude oil grade, "Azeri Light", has declined on global markets. The price per barrel fell by $5.54, or 4.53%, settling at $116.83

For context, the all-time low for "Azeri Light" was recorded on April 21, 2020, at $15.81 per barrel, while its record high reached $149.66 in July 2008.