On July 7, the barrel of Azerbaijani oil branded "AzeriLight" is sold for 73.71 dollars.
Medianews.az reports that this is about 9 dollars higher than the price specified in the state budget.
In Azerbaijan's 2026 budget, the price of one barrel of oil is taken as 65 dollars. "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 dollars.
The international coalition of exporters has set the daily crude oil production quota for Azerbaijan at 551 thousand barrels.
It has been announced that in the first five months of 2026, 11 million tons of oil were produced in the country together with condensate.