Bond.az White LogoBond.az Black Logo

Azerbaijani oil gets more expensive

Azerbaijani oil price rises 4.93% to $115.93. "Azeri Light" crude becomes more expensive.

Sebastian Young
BySebastian Young- Senior Editor
|
0

The price of Azerbaijan's "Azeri Light" crude oil has increased on the world market.

According to Oxu.Az, the price per barrel rose by $5.45 or 4.93% to $115.93.

Recall that the previous price of Azerbaijani oil was $110.48.

More News
Today / 06:31
|
712

Lachin to Build Residential Quarter for 41M Manat

Lachin announces tender for a 41 million manat residential quarter. Construction to be handled by Hovers Group.

0
Yesterday / 17:51
|
696

Moody's: SGC Minority Stake to Be Sold to XRG

Moody's affirms SGC's Baa3 rating, positive outlook; minority stake sale to XRG planned by 2026.

0
Yesterday / 11:24
|
532

Ministry of Economy, SOCAR Sign MoU with bp

The Ministry of Economy, SOCAR, and bp sign MoUs on HPC and energy cooperation.

0
Yesterday / 11:18
|
575

Individual bank deposits hit 16.96 bln AZN

Individual bank deposits in Azerbaijan grew to 16.96 bln AZN in the first four months of 2025, a 12.5% year-on-year increase.

0
Yesterday / 08:35
|
795

Azerbaijani oil reaches Japan

First batch of Azerbaijani oil delivered to Japan. ENEOS buys 283,000 barrels. Supply diversification amid Hormuz blockade.

0
2026-05-07 11:29
|
500

New Trend in Baku Real Estate Market

Baku real estate market index rose 1.8% in April 2026. Analysis of new trends, segments, and AAP index.

0
2026-05-03 16:10
|
278

OPEC+ Agrees to Boost Output by 188,000 bpd: A Move to Restore Market Confidence

OPEC+ agrees to raise oil output by 188,000 bpd in June, addressing supply worries after UAE exit and Iran conflict. Explore market impact and price trends.

0
2026-05-03 12:45
|
470

Azerbaijan's non-oil exports reach record levels

Non-oil exports rose by 25% in the first quarter of 2026, reaching a new peak.

0
...
Azerbaijani oil gets more expensive | Bond.az