Bank Of Baku

Azerbaijani oil price drops below $64

Azerbaijani oil price drops below $64
# 17 October 2025 10:09 (UTC +04:00)

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

The price of 1 barrel of Azerbaijani oil has decreased by 1.11 US dollars or 1.73%, amounting to 63.15 US dollars.

Note that the previous price of Azerbaijani oil was 64.26 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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