The price of Azerbaijan’s Azeri Light crude rose by $0.93 (1.33 per cent) to $70.7 per barrel on the global market.

On the same day, April Brent crude futures settled at $71.4 per barrel. In Türkiye’s Ceyhan port, Azeri Light FOB prices increased by $0.92 (1.37 per cent), reaching $68.19 per barrel, The Caspian Post reports via local media.

For reference, Azerbaijan’s 2026 state budget is based on an oil price of $65 per barrel, highlighting the positive impact of current market gains.