Bank Of Baku

Azerbaijani oil drops in price

Azerbaijani oil drops in price
# 20 November 2025 10:10 (UTC +04:00)

The price of Azerbaijan’s Azeri Light (CIF) crude oil has slightly decreased on world markets, APA-Economics reports.

The price of 1 barrel of Azerbaijani oil decreased by 0.33 USD or 0.49%, amounting to 67.67 USD.

Note that the previous price of Azerbaijani oil was 68 USD.

Recall that in Azerbaijan’s state budget for this year, the average price of 1 barrel of “Azeri Light” crude oil has been calculated at 70 USD.

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