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Azerbaijani oil:
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Azerbaijani oil: Cheaper than yesterday's, more expensive than the budget one

On June 10, the barrel of Azerbaijani oil under the "AzeriLight" brand decreased by 4.82 dollars compared to June 9.

Medianews.az reports that the price of one barrel of "AzeriLight," which was offered at 100.09 dollars on June 9, amounted to 95.27 dollars on June 10.

However, the current price is still above what is envisaged in the state budget of Azerbaijan.

In the state budget of 2026, one barrel of oil is taken at 65 dollars.

The June 10 price is 30.27 dollars more than this.

"AzeriLight" started the year at 65.71 dollars in January, 69.72 in February, 79.60 in March, 132.35 in April, 122.26 in May, and 104.58 in June.

The price of oil has been fluctuating since February 28 amid rising tensions between the United States, Israel, and Iran.

The international coalition of exporters has set the daily crude oil production quota for Azerbaijan at 551 thousand barrels.

Medianews.az

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