Modern.az

Our oil prices declined a little further

Our oil prices declined a little further

Economy

27 January 2026, 09:45

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 0.48 US dollars.

Modern.az reports that in the world market, the price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 0.48 US dollars or 0.7 %, amounting to 67.86 US dollars.

In Azerbaijan's state budget for this year, the average price of one barrel of oil was calculated at 65 US dollars.

It should be recalled that the lowest price for "Azeri Light" crude oil was recorded on April 21, 2020 (15.81 US dollars), and the maximum price in July 2008 (149.66 US dollars). 

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