The price of Azerbaijan’s Azeri Light crude has risen to nearly $93 per barrel on the global market.


According to local media, the price of one barrel of Azeri Light increased by $0.58, or 0.63%, to $92.89. The crude had previously traded at $92.31 per barrel.


Azerbaijan’s 2026 state budget is based on an average oil price of $65 per barrel.


By Aghakazim Guliyev