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Energy

Azeri Light ends the week at $126.59 after a 3.8 percent jump on Saturday

Report.az’s Saturday print put Azeri Light at $126.59 a barrel, up $4.64 on Friday’s print and the largest single step of the week. Over the four prints since Monday’s $118.53 the grade has gained 6.8 percent by CAW’s arithmetic. Azerbaijan’s budget for this year assumes $65.

By CAW Staff26 October 2026
A line chart of Azeri Light’s five daily prints from 20 to 24 October rising from 118.53 to 126.59 dollars a barrel, the last point in amber.

Report.az printed Azeri Light at $126.59 on 24 October at 10:19 Baku time, a rise of $4.64, or 3.8 percent, on its print of 23 October. Azeri Light on an FOB Ceyhan basis rose $3.54, or 3.18 percent, to $114.89. Azerbaijan’s state budget for this year assumes an oil price of $65.

The week’s prints run $118.53 on 20 October, $119.68 on 21 October, $119.70 on 22 October, $121.95 on 23 October and $126.59 on 24 October. The gain over the four prints is $8.06, or 6.8 percent, by CAW’s arithmetic.

Azerbaijan’s state budget for this year assumes an oil price of $65.

Friday’s step of $2.25 and Saturday’s of $4.64 account for most of the week’s move. The grade’s minimum in Report.az’s series is $15.81, printed on 21 April 2020.

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