The price of Azerbaijan’s Azeri Light crude oil has dropped by nearly 5% on global markets.

The assets of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) recorded strong growth in 2025, rising by more than 22 percent and reaching a total value of $73.5 billion.

Azerbaijan’s benchmark crude oil has recorded a price increase on the global market.

The price of Azerbaijan’s Azeri Light crude oil has surged on global markets.

Armenia plans to import 7,600 tons of Azerbaijani oil products, including 6,100 tons of gasoline and 1,500 tons of diesel.

The price of Azeri Light crude oil jumped by $3.30, or 5.2%, reaching $66.75 per barrel on Friday.

The price of Azerbaijani crude oil rose above $73 per barrel on Saturday.

The price of Azerbaijani Azeri Light crude oil increased by $3.01 to $82.84 per barrel based on CIF in the Italian port of Augusta on August 7, compared to the previous reading, News.az reports, referring to the source from the country's oil and gas market.