Bank Of Baku

Azerbaijani oil increased in price

Azerbaijani oil increased in price
# 28 August 2025 09:46 (UTC +04:00)

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

The price of one barrel of Azerbaijani oil rose by $0.31 or 0.45%, reaching $69.61.

It should be noted that the previous price of Azerbaijani oil was $69.30.

It is worth recalling that in Azerbaijan's state budget for this year, the average price of one barrel of "Azeri Light" oil is calculated at $70.

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