10:57 - 9.10.2026

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October 9, Fineko/abc.az. The price of Azerbaijan's flagship "Azeri Light" crude oil has experienced a sharp increase on the global market. The price of one barrel rose by $8.04 or 6.42%, reaching $133.23.

For context, the average oil price in Azerbaijan's state budget for this year is benchmarked at $65 per barrel.

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.