Modern.az

The price of our oil 117 dollars HAS EXCEEDED

The price of our oil 117 dollars HAS EXCEEDED

Economy

19 March 2026, 10:04

In the world market, the price of 1 barrel of Azerbaijani oil of the "Azeri Light" brand increased by 9.63 US dollars.

Modern.az reports that in the world market, the price of 1 barrel of Azerbaijani oil of the "Azeri Light" brand increased by 9.63 US dollars or 8.9%, reaching 117.79 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 noted that the lowest price of "Azeri Light" oil was recorded on April 21, 2020 (15.81 US dollars), while its maximum price was recorded in July 2008 (149.66 US dollars).

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