Bank Of Baku

Azerbaijani oil price drops below $65

Azerbaijani oil price drops below $65
# 15 October 2025 09:51 (UTC +04:00)

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

The price of 1 barrel of Azerbaijani oil has dropped by USD 2.17 or 3.27%, amounting to USD 64.11.

Note that the previous price of Azerbaijani oil was USD 66.28.

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

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