On July 16, the price of a barrel of Azerbaijani oil under the "AzəriLayt" brand rose to $86.83.
Medianews.az reports that in Azerbaijan's 2026 budget, the price per barrel of oil is taken as $65. "AzəriLayt" 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.
The oil market has been fluctuating since February 28 due to tensions surrounding Iran.
According to the official report, in the first half of 2026, Azerbaijan exported $6.2 billion worth of crude oil and crude oil products. The main buyers are listed as follows: Italy, Czech Republic, Bulgaria, Romania, India, Portugal, Germany, Tunisia, Greece, Croatia.