The average annual export price of 1 barrel of "Azeri Light" (CIF) oil on world markets in 2024 has been revealed, APA-Economics reports.
According to calculations made by APA-Economics, the average price of Azerbaijani oil last year was USD 82.87.
It should be noted that the highest indicator during January-December 2024 was USD 94.73, and the minimum indicator was USD 71.87.
It should be noted that last year, the average annual export price of a barrel of oil in the Azerbaijani state budget was calculated at USD 75. This year, the average annual export price of a barrel of crude oil has been taken at USD 70.