Modern.az

The price of Azerbaijani oil has fallen to 70 dollars

The price of Azerbaijani oil has fallen to 70 dollars

Economy

13 February 2026, 09:40

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil decreased by 2.17 US dollars.

Modern.az reports that the price of 1 barrel of Azerbaijani "Azeri Light" crude oil in the world market decreased by 2.17 US dollars or 3 %, amounting to 70.03 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), while its maximum price was recorded in July 2008 (149.66 US dollars). 

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