Average price of Azerbaijani oil barrel announced

Kanan Sadigov
Author

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.

Other News

Italy buys 70% of Azerbaijan's oil exports 17 February, 2026 / 19:32
Turkish power plant in Türkiye begins operating under SOCAR subsidiary 17 February, 2026 / 16:06
Azerbaijan, Israel mull prospects for co-op in clean energy 17 February, 2026 / 14:36
Gas prices in Europe fall 2.8% 17 February, 2026 / 13:15
TBSC managing partner: Education should meet needs of Azerbaijani energy market 17 February, 2026 / 12:00
EBRD intends to develop new cooperation formats in Azerbaijan 17 February, 2026 / 11:48
Masdar: Renewable energy opportunities open up global market opportunities for Azerbaijan 17 February, 2026 / 11:39
Azerbaijan launches national accredited training program for renewable energy sector personnel 17 February, 2026 / 11:21
Türkiye's crude oil imports from Azerbaijan grow almost 5 times 17 February, 2026 / 11:15
Kazakhstan to build first environmentally friendly fuel production plant in CIS 17 February, 2026 / 11:11
Price of Azerbaijani oil in global market exceeds $70 17 February, 2026 / 09:55
Oil prices fall amid US-Iran talks 17 February, 2026 / 09:44
Serbian News: Serbia to strengthen energy security thanks to Azerbaijani investments 16 February, 2026 / 20:54
Countries importing oil from Azerbaijan in Jan. 2026 – LIST 16 February, 2026 / 18:23
Azerbaijan boosts petroleum coke exports in January 16 February, 2026 / 17:04
Azerbaijan expects Italy and Slovenia to join Black Sea energy project 16 February, 2026 / 16:24
Azerbaijan's natural gas exports exceeded 2 bcm in Jan. 2026 16 February, 2026 / 15:51
Azerbaijan exports 44,700 tons of petroleum products in January 16 February, 2026 / 15:42
Azerbaijan exports 2.64M tons of crude oil in January 16 February, 2026 / 15:07
Gas prices in Europe fall 4% 16 February, 2026 / 11:49