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The Daily Baku
INTERNATIONAL
Thursday, 4 June 2026
Business

Price of Azerbaijani oil exceeds 71 dollars

February 10, 2026
10:15
Price of Azerbaijani oil exceeds 71 dollars

The price of Azerbaijan’s Azeri Light (CIF) crude oil has slightly increased on global markets.

The Daily Baku reports that the price of one barrel of Azerbaijani oil rose by 0.51 US dollars, or 0.72 percent, reaching 71.21 US dollars.

It is noted that the previous price of Azerbaijani oil stood at 70.7 US dollars per barrel.

It should be recalled that Azerbaijan’s state budget for this year was calculated based on an average price of 65 US dollars per barrel of Azeri Light crude oil.

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