On July 9, the barrel of Azerbaijani oil branded "AzeriLight" is being offered at $82.07.
Medianews.az reports that this is $6.73 higher than the starting price of the month.
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, June at $104.58, and July at $75.34.
Since February 28, the price of oil has fluctuated amid tensions around Iran. The tension has created major obstacles for production and transport in the oil countries of the Middle East.
Toğrul Əli,
Medianews.az