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The price of Azerbaijani oil dropped below 120 dollars
11
Apr
2026
10:14
The price of one barrel of Azerbaijani Azeri Light crude oil on the world market decreased by $5.05 or 4.04%, amounting to $119.98.
Report was informed by a source on the oil market.
According to the trading results, the price of June Brent crude oil futures amounted to $126.11.
The price of Azerbaijani oil at Turkey's Ceyhan on FOB terms decreased by $5.04 or 4.2%, to $114.84.
The state budget of Azerbaijan for this year has the oil price set at $65.
This news edited with AI
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