The price of Azerbaijan's Azeri Light crude oil has dropped by $1.42 per barrel, or 1.51%, to $92.55 on the world market.
Azerbaijan's state budget for 2026 is based on an average oil price of $65 per barrel, which puts the current Azeri Light price significantly above the benchmark.
The decline in price comes as October futures for Brent crude are trading at $92.06 per barrel.
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