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Azeri Light crude price falls below $131 per barrel
Energy
- 02 April, 2026
- 09:48
The price of Azerbaijan's Azeri Light crude oil declined on global markets, falling by $1.56, or 1.19%, to $130.79 per barrel, a market source told Report.
According to trading results, the price of Brent crude futures for June delivery stood at $128.46 per barrel.
At Türkiye's Ceyhan port, the FOB price of Azeri Light decreased by $1.47, or 1.18%, to $124.08 per barrel.
Meanwhile, Azerbaijan's state budget for this year is based on an average oil price of $65 per barrel, significantly lower than current market levels.
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