Azerbaijan’s Azeri Light crude rebounds above $92

The price of Azerbaijani Azeri Light crude has risen by 80 cents on the global market, once again surpassing the $92 mark.

According to local media, the price of a barrel of Azeri Light increased by $0.80, or 0.87%, to $92.31, compared with $91.51 previously.

Azerbaijan’s 2026 state budget is based on an average oil price of $65 a barrel.

By Aghakazim Guliyev