On June 23, a barrel of Azerbaijani oil under the "AzeriLight" brand is offered at $80.43. Medianews.az reports that this is $15.43 above the budget price.
In Azerbaijan's 2026 budget, one barrel of oil is taken at $65. "AzeriLight" 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.
The oil price fluctuates on February 28 amid a wave of tension around Iran.
The exporters' international coalition has set the daily crude oil production quota for Azerbaijan at 551,000 barrels. In the first five months of 2026, including condensate, 11 million tons of oil were extracted in the country, and crude oil and crude oil products worth $5.1 billion were sent abroad.
