Average price of Azerbaijani oil barrel announced

In the first half of this year, the average price of a barrel of Azerbaijani Azeri Light crude oil $86.5, according to the Medium-term Budget Framework for 2025-2028 published by the Ministry of Finance.

Report informs that this is 44.2% higher than the price ($60) adopted when calculating the initially approved budget parameters for 2024.

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Azeri Light oil price falls to $106 05 November, 2026 / 09:52