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Azerbaijani oil price drops to 68 dollars

Azerbaijani oil price drops to 68 dollars

Economy

18 February 2026, 11:56

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 1.44 US dollars.

Modern.az reports that, in the world market, the price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 1.44 US dollars or 2.05 %, reaching 68.92 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 of "Azeri Light" crude oil was recorded on April 21, 2020 (15.81 US dollars), and its maximum price was recorded in July 2008 (149.66 US dollars). 

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