The price of Azerbaijani oil has reached nearly $93 per barrel on global markets. According to APA-Economics, the Azeri Light crude oil price increased by $0.58 or 0.63% to $92.89 per barrel.
This rise comes after previously trading at $92.31 per barrel.
The average oil price in Azerbaijan's 2026 state budget was set at a significantly lower $65 per barrel, highlighting the current market fluctuations.
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