The price of Azerbaijani oil has reached a new high, nearing $102 on global markets. According to APA-Economics, the price of Azeri Light crude oil increased by $4.35 or 4.46% to $101.96 per barrel. This is a significant jump from its previous trading value of $97.61. The average oil price in Azerbaijan's 2026 state budget was set at $65 per barrel, making the current market rate more than double that estimate.
More on Commodities
Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
