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Azerbaijani oil price broke a record - exceeded 128 dollars

Azerbaijani oil price broke a record - exceeded 128 dollars

Economy

31 March 2026, 09:34

The price of 1 barrel of Azerbaijani "Azeri Light" crude oil increased by 6.8 US dollars.

Modern.az reports that, in the world market, the price of 1 barrel of Azerbaijani "Azeri Light" crude oil increased by 6.8 US dollars or 5.61 %, reaching 128.05 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 highest price was recorded in July 2008 (149.66 US dollars). 

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