Modern.az

Azerbaijani oil rose to a record high - approaching 125 dollars

Azerbaijani oil rose to a record high - approaching 125 dollars

Economy

28 March 2026, 10:45

In world markets, Azerbaijani oil of the "Azeri Light" (CIF) brand has risen in price.

Modern.az reports that the price of Azerbaijani oil per barrel increased by 2.99 US dollars or 2.5%, reaching 124.24 US dollars.

It should be noted that the previous price of Azerbaijani oil was 121.25 US dollars.

It should be recalled that in Azerbaijan's state budget for this year, the average price of 1 barrel of Azerbaijani oil of the “Azeri Light” brand was calculated at 65 US dollars.

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