Bank Of Baku

Azerbaijani oil drops in price

Azerbaijani oil drops in price
# 29 August 2025 09:54 (UTC +04:00)

The price of Azerbaijani oil of the Azeri Light (CIF) brand has decreased in world markets, APA-Economics reports.

The price of 1 barrel of Azerbaijani oil decreased by 0.3 US dollars or 0.43%, amounting to 69.31 US dollars.

Note that the previous price of Azerbaijani oil was 69.61 US dollars.

Recall that in Azerbaijan's state budget for this year, the average price of 1 barrel of Azeri Light brand oil is calculated at 70 US dollars.

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