Azerbaijani Oil Surpasses $100 Mark Amid Global Price Rally

10:28 - 12.11.2026


November 12, Fineko/abcnews. The price of Azerbaijan’s Azeri Light crude oil has risen on global markets, climbing back above the key $100 per barrel threshold.

The price of one barrel of Azeri Light crude increased by $1.23, or 1.24%, to reach $100.63, up from $99.40 in the previous trading session.

Historically, Azeri Light crude recorded its all-time low of $15.81 per barrel on April 21, 2020, while its peak price of $149.66 per barrel was registered in July 2008.