Baku:The price of Azerbaijani oil has decreased, with Azeri Light crude oil now trading at $122.49 per barrel.
According to Azeri-Press news agency, this marks a drop of $0.97, or 0.79%, from the previous price of $123.46 per barrel.
It is noteworthy that the average oil price projected in Azerbaijan’s 2026 state budget is set at $65 per barrel.