Bank Of Baku

Average export price of Azerbaijan oil in 2024 revealed

Average export price of Azerbaijan oil in 2024 revealed
# 11 January 2025 13:39 (UTC +04:00)

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.

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