Modern.az

Record increase in Azerbaijani oil price - exceeded 87 dollars

Record increase in Azerbaijani oil price - exceeded 87 dollars

Economy

6 March 2026, 09:24

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil increased by 5.61 US dollars.

Modern.az reports that, in the world market, the price of 1 barrel of Azerbaijani "Azeri Light" crude oil increased by 5.61 US dollars or 6.82 % to 87.90 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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