Bank Of Baku

Azerbaijan reports average 10-month oil price of over $72

Azerbaijan reports average 10-month oil price of over $72
# 02 December 2025 15:52 (UTC +04:00)

The average price of Azerbaijani oil for the first 10 months of this year has been announced, APA reports.

During today’s Milli Majlis session on the second reading of the draft law “On the State Budget of the Republic of Azerbaijan for 2026,” Minister of Finance Sahil Babayev stated that the average indicator for the first 10 months of this year has been slightly above $72 per barrel.

The minister noted that the oil price for the current year was set at $70.

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