Baku: The price of Azerbaijani oil on the global market has again exceeded $92 per barrel.

According to Azeri-Press News Agency, the price of a barrel of Azerbaijan's Azeri Light crude oil increased by $0.80, or 0.87%, reaching $92.31. Previously, Azerbaijani oil was traded at $91.51 per barrel.

Note that the average oil price in Azerbaijan's 2026 state budget is set at $65 per barrel.