Medianews.az
Azerbaijani oil:
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Azerbaijani oil: half a year's starting prices

One barrel of oil has been taken at 65 dollars in Azerbaijan's 2026 budget.

Medianews.az reports that Azerbaijani oil of the "AzeriLight" brand started January at 65.71, February at 69.72, March at 79.60, April at 132.35, May at 122.26, and June at 104.58 dollars.

Oil prices have risen amid rising tensions between the US and Israel with Iran since February 28.

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

In the first four months of 2026, 8.8 million tons of oil including condensate were produced in the country, and 4.3 billion dollars worth of crude oil and crude oil products were exported abroad.

Medianews.az

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