Azeri Light Crude Oil Drops to $120 per Barrel

10:17 - 7.10.2026


October 7, Fineko/abc.az. The price of Azerbaijan's flagship "Azeri Light" crude oil has decreased on the global market. The price of one barrel fell by $3.93 or 3.2%, settling at $120.68.

Historically, the lowest price for "Azeri Light" was recorded on April 21, 2020, at $15.81 per barrel, while its all-time high was reached in July 2008 at $149.66 per barrel.