Price of oil exported by Azerbaijan rises by more than 7%

Finance
  • 16 June, 2026
  • 13:26
Price of oil exported by Azerbaijan rises by more than 7%

In the first quarter of 2026, the average price of oil exported by Azerbaijan stood at $79.5 per barrel.

According to the Central Bank of Azerbaijan, cited by Report, this represents a 7.15% increase compared to the same period last year.

The state budget of Azerbaijan for the current year had projected an average oil price of $65 per barrel.