Modern.az

Azerbaijani oil increased in price

Azerbaijani oil increased in price

Economy

31 January 2026, 10:45

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

Modern.az reports that the price of 1 barrel of Azerbaijani oil increased by 0.46 US dollars or 0.63%, reaching 73.35 US dollars.

In Azerbaijan's 2026 state budget, the average price of one barrel of oil is projected at 65 US dollars.

 

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