Azerbaijani oil prices edge higher

Azerbaijan’s Azeri Light (CIF) crude rose slightly on global markets.

The price increased by $0.79, or 1.14%, reaching $70.36 per barrel.

Meanwhile, benchmark crude grades declined.

On the Intercontinental Exchange (ICE London), the April 2026 Brent contract fell 0.47% to $68.33 per barrel.

On the New York Mercantile Exchange (NYMEX), April 2026 WTI crude dropped 0.35% to $63.34 per barrel.